How Did KuCoin’s Price Fare Yesterday?
At the time of this writing, KuCoin has a price of $0.8256 USD, which puts it down by approximately 11.26% from yesterday. KuCoin is currently in a down, and it should be noted that this is now the the 6th day in a row that price has been down. Moreover, KuCoin is now 31.63% below its 20 day moving average. From another vantage point, note that price has gone up 0 of the past 5 days. Another data point we may find worthy of observation is that price for KuCoin has increased 0 of the previous 5 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 $0.812252 and $1.602818, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
The currency’s market cap currently stands at $88 million US dollars.
Daily Engagement Metrics Update
NA transactions amongst holders of KuCoin occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding KuCoin has gone NA by approximately NA. In terms of recurring usage, we can note that 476 wallets have sent or received coins in the past month, while 56 have in the past day.
Just How Rich are KuCoin’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 209.94% of the money supply. Ownership exceeding 100% is due to the fact that our supply metric is focused just on available supply, and some large owners of KuCoin have ownership they cannot sell at this time — but may be able to in the future. The underlying smart contract itself for KuCoin owns 0.01% of the total money supply; over the past week, this amount has not changed.
The Latest on KuCoin and Social Media
In terms of social media presence, KuCoin saw its Twitter followers go up by 6 over the past 24 hours. If you are interested in following KuCoin on social media, Twitter, where it has 348,320 following it, may be a good place to start. Use this link to follow KuCoin on Twitter.
Article by SixJupiter
