December 2, 2019: Kucoin (KCS): Down 1.19%; 3rd Consecutive Down Day


Kucoin: What’s the Latest Regarding its Price?

At the time of this writing, Kucoin has a price of $0.9578 USD, which puts it down by approximately 1.19% from yesterday. Kucoin enters the day 9.79% below its 20 day moving average, and is experiencing its the 3rd day in a row down. 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 $0.915622 and $1.207898, based on how price has behaved in the two weeks prior. 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 $82 million.

Daily Engagement Metrics Update

33 transactions amongst holders of Kucoin occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Kucoin rise by 8. To provide context, we’d rank this token as 24 out of the 34 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?

Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 1 and 20 over the past day for Kucoin. If you are interested in following Kucoin on social media, Twitter, where it has 335,066 following it, may be a good place to start. You can follow Kucoin on Twitter here.

Article by SixJupiter

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