KuCoin: What’s the Latest Regarding its Price?
KuCoin’s current price, at the time of this writing, is $1.273 USD, up by approximately 15.31% from the day prior. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 0.31% above its 20 day moving average, and is currently in a unclear trend over the past 14 days. To help contextualize yesterday’s price move, we can observe that price has rallied 2 of the past 5 days. Another data point we may find worthy of observation is that price for KuCoin has increased 2 of the previous 5 days.
As for 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 $1.078321 and $1.459779. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
The currency’s market cap currently stands at $95 million US dollars.
Daily Engagement Metrics Update
Yesterday saw NA transfers amongst holders of KuCoin. As for the number of holders, yesterday saw the number of wallets holding KuCoin NA by NA. In terms of recurring usage, we can note that 473 wallets have sent or received coins in the past month, while 66 have in the past day.
Observing KuCoin’s Richest Wallets
As for wealth distribution, the richest 1,000 wallets currently own 209.94% of the money supply. To further clarify, our supply metric focuses only on supply that is publicly available while many large holders may have tokens they are not able to sell yet — which is why this value can exceed 100%. 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 terms of social media presence, KuCoin saw its Reddit subscribers go up by 10 over the past 24 hours. If you are interested in following KuCoin on social media, Twitter, where it has 348,273 following it, may be a good place to start. Here is the Twitter page for KuCoin.
Article by SixJupiter
