Kucoin: What’s the Latest Regarding its Price?
Kucoin’s current price, at the time of this writing, is $0.9497 USD, down by approximately 2.21% from the day prior. This marked the the 5th straight day Kucoin has been down; it is still in a downtrend, and is currently 8.8% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. 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 $0.918448 and $1.164282. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
The currency’s market cap currently stands at $81 million US dollars.
Kucoin’s Surprises of the Day
The following metrics showed unusual change over the past 24 hours for Kucoin: holders added and transfers added. Further investigation may be warranted.
Update on Transactions and Holders
84 transactions amongst holders of Kucoin occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Kucoin has gone up by approximately 18. If we observe percentage growth in holders and transfers, we find that Kucoin ranks 25 out of the 35 Ethereum tokens we are tracking.
How are the Strong Holders of Kucoin Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.99%. As for the Kucoin’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
What’s Going on Social Media?
Social media growth, in terms of Reddit subscribers, came in at up 30 over the past day for Kucoin. 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
