Kucoin Price Update
At the time of this writing, Kucoin has a price of $0.948 USD, which puts it down by approximately 1.02% from yesterday. Kucoin is currently in a down, and it should be noted that this is now the the 2nd consecutive day that price has been down. Moreover, Kucoin is now 2.17% below its 20 day moving average. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Kucoin imply the currency may oscillate between $0.921235 and $1.016855, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
The market capitalization of Kucoin, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $79 million.
Straight Off the Chain
Yesterday saw 66 transfers amongst holders of Kucoin. In terms of estimating the number of holders, over the past day the total number of wallets holding Kucoin has gone up by approximately 5. To provide context, we’d rank this token as 23 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Kucoin’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.99%. The underlying smart contract itself for Kucoin owns 0.01% of the total money supply; over the past week, this amount has not changed.
What’s Going on Social Media?
In terms of social media presence, Kucoin saw its Twitter followers and Reddit subscribers go up by 18 and 10 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Kucoin on Twitter here.
Article by SixJupiter
