Kucoin: What’s the Latest Regarding its Price?
At the time of this writing, Kucoin has a price of $1.085 USD, which puts it down by approximately 0.18% from yesterday. The down day for Kucoin yesterday was a reversal from the day before it, which puts its price at 13.8% above its 20 day moving average. Over the past two weeks, price has been in an up trend. 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 $0.818872 and $1.087978. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
As for Kucoin’s market cap, it is currently at about $90M US dollars.
Unusual Developments
The following metrics showed unusual change over the past 24 hours for Kucoin: transfers added. Further investigation may be warranted.
Straight Off the Chain
Over the past 24 hours, 585 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 29. To provide context, we’d rank this token as 15 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Kucoin Faring?
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.
Kucoin’s Social Media Presence
Traders interested in following Kucoin has the biggest presence on Twitter, where it has 335,322 users engaged. You can follow Kucoin on Twitter here.
Article by SixJupiter