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. In terms of an expected trading range, the Bollinger bands on Kucoin suggest price may bounce between $0.818872 and $1.087978 based on its momentum and volatility over the past 14 days. 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 $90 million US dollars.
What Anamolies Occurred Since Yesterday?
Since yesterday, Kucoin saw anomalous behavior in transfers added. It may be worth looking into the causes of this a bit more.
Update on Transactions and Holders
Yesterday saw 585 transfers amongst holders of Kucoin. Regarding a tally of holders, Yesterday saw Kucoin’s wallet count jump by 29. If we observe percentage growth in holders and transfers, we find that Kucoin ranks 15 out of the 32 Ethereum tokens we are tracking.
How are the Strong Holders of Kucoin Faring?
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?
If you are interested in following Kucoin on social media, Twitter, where it has 335,322 following it, may be a good place to start. Here is the Twitter page for Kucoin.
Article by SixJupiter
