Kucoin: What’s the Latest Regarding its Price?
At the time of this writing, Kucoin has a price of $1.028 USD, which puts it down by approximately 6.2% from yesterday. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 6.28% 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 $0.814214 and $1.120276, 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.
As for Kucoin’s market cap, it is currently at about $87M 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, 543 transfers have been added to the blockchain recording transactions amongst holders of Kucoin. As for the number of holders, yesterday saw the number of wallets holding Kucoin jump by 21. If we observe percentage growth in holders and transfers, we find that Kucoin ranks 16 out of the 32 Ethereum tokens we are 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%. 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?
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Use this link to follow Kucoin on Twitter.
Article by SixJupiter
