KuCoin Price Update
At the time of this writing, KuCoin has a price of $1.027 USD, which puts it up by approximately 0.88% from yesterday. KuCoin enters the day 13.92% below its 20 day moving average, but is experiencing its the 2nd consecutive day up. From another vantage point, note that price has gone up 3 of the past 10 days. And in terms of volume, yesterday’s price move ocurred on volume that was 76.79% less than its 7 day average volume.
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 $0.787002 and $1.599148, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
As for KuCoin’s market cap, it is currently at about $88M US dollars.
Update on Transactions and Holders
NA transactions amongst holders of KuCoin occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding KuCoin NA by NA. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at 0.07, with 34 wallets making a transfer this past day and 477 wallets having made a transfer in the past month.
Observing KuCoin’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 209.94% of the coin’s total 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. KuCoin’s smart contract owns approximately 0.01% of its own total money supply. This amount hasn’t changed over the past week.
KuCoin’s Social Media Presence
In the past day, KuCoin’s Reddit subscribers went up by 10, respectively. Traders interested in following KuCoin has the biggest presence on Twitter, where it has 348,120 users engaged. You can follow KuCoin on Twitter here.
Article by SixJupiter
