Kucoin Price Update
At the time of this writing, Kucoin has a price of $0.9371 USD, which puts it down by approximately 0.22% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 0.64% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Kucoin suggest price may bounce between $0.87593 and $1.01031 based on its momentum and volatility over the past 14 days. 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 $78 million.
Daily Engagement Metrics Update
Yesterday we did not see any transfers amongst holders of Kucoin. As for the number of holders, yesterday saw the number of wallets holding Kucoin decline by 0. To provide context, we’d rank this token as 21 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Kucoin Faring?
The top 1,000 Kucoin wallets hold over 99.99% of the token’s total money supply. Kucoin’s smart contract owns approximately 0.01% of its own total money supply. This amount hasn’t changed over the past week.
Kucoin’s Social Media Presence
In terms of social media presence, Kucoin saw its Twitter followers and Reddit subscribers go up by 24 and 2 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Kucoin.
Article by SixJupiter
