January 23, 2020: Kucoin (KCS): Down 0.58%

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How Did Kucoin’s Price Fare Yesterday?

Kucoin is down by approximately 0.58% from the previous day, with its price currently hovering around $1.029 USD. The down day for Kucoin yesterday was a reversal from the day before it, which puts its price at 1.74% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. 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 $0.990619 and $1.103761, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.

The currency’s market cap currently stands at $86 million US dollars.

Update on Transactions and Holders

Over the past 24 hours, 33 transfers have been added to the blockchain recording transactions amongst holders of Kucoin. In terms of estimating the number of holders, over the past day the total number of wallets holding Kucoin has gone up by approximately 2. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Kucoin ranked 19 out of the 30 Ethereum tokens we’re 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.

The Latest on Kucoin and Social Media

In the past day, Kucoin’s Twitter followers and Reddit subscribers went up by 70 and 21, respectively. If you are interested in following Kucoin on social media, Twitter, where it has 336,749 following it, may be a good place to start. You can follow Kucoin on Twitter here.

Article by SixJupiter

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