Kucoin: What’s the Latest Regarding its Price?
Kucoin is down by approximately 0.68% from the previous day, with its price currently hovering around $0.9553 USD. The down day for Kucoin yesterday was a reversal from the day before it, which puts its price at 1.18% below its 20 day moving average. Over the past two weeks, price has been in a down trend. Kucoin’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $0.930798 and $1.002622. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of 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 $80 million.
Kucoin’s Surprises of the Day
Since yesterday, Kucoin saw anomalous behavior in holders added and transfers added. It may be worth looking into the causes of this a bit more.
Daily Engagement Metrics Update
Over the past 24 hours, 129 transfers have been added to the blockchain recording transactions amongst holders of Kucoin. Regarding a tally of holders, Yesterday saw Kucoin’s wallet count rise by 30. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Kucoin ranked 24 out of the 33 Ethereum tokens we’re tracking.
Observing Kucoin’s Richest Wallets
The top 1,000 Kucoin wallets hold over 99.99% of the token’s total money supply. As for the Kucoin’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
The Latest on Kucoin and Social Media
In the past day, Kucoin’s Reddit subscribers went up by 11, respectively. Traders interested in following Kucoin has the biggest presence on Twitter, where it has 335,172 users engaged. You can follow Kucoin on Twitter here.
Article by SixJupiter
