Kucoin Price Update
Kucoin is up by approximately 0.49% from the previous day, with its price currently hovering around $1.033 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 5.67% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $0.847794 and $1.107376, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.
The currency’s market cap currently stands at $85 million US dollars.
Update on Transactions and Holders
229 transactions amongst holders of Kucoin occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Kucoin rise by 12. To provide context, we’d rank this token as 17 out of the 29 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Kucoin’s Richest Wallets
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.
The Latest on Kucoin and Social Media
In terms of social media presence, Kucoin saw its Twitter followers and Reddit subscribers go up by 5 and 16 over the past 24 hours. If you are interested in following Kucoin on social media, Twitter, where it has 335,417 following it, may be a good place to start. You can follow Kucoin on Twitter here.
Article by SixJupiter
