Kucoin Price Update
Kucoin is down by approximately 0.58% from the previous day, with its price currently hovering around $1.032 USD. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 5.25% above its 20 day moving average, and is currently in an up trend over the past 14 days. 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 $0.854408 and $1.106642, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
The currency’s market cap currently stands at $86 million US dollars.
Straight Off the Chain
No transactions amongst holders of Kucoin occurred yesterday. Regarding a tally of holders, Yesterday saw Kucoin’s wallet count fall by 0. To provide context, we’d rank this token as 17 out of the 30 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Kucoin’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 99.99% of the coin’s total money supply. 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?
In terms of social media presence, Kucoin saw its Twitter followers and Reddit subscribers go up by 221 and 16 over the past 24 hours. If you are interested in following Kucoin on social media, Twitter, where it has 335,638 following it, may be a good place to start. Here is the Twitter page for Kucoin.
Article by SixJupiter
