How Did KuCoin’s Price Fare Yesterday?
KuCoin’s current price, at the time of this writing, is $1.169 USD, down by approximately 0.09% from the day prior. KuCoin is currently in a unclear , and it should be noted that this is now the the 2nd consecutive day that price has been down. Moreover, KuCoin is now 1.97% below its 20 day moving average. Another data point we may find worthy of observation is that price for KuCoin has increased 4 of the previous 10 days. Another data point we may find worthy of observation is that price for KuCoin has increased 4 of the previous 10 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 $0.882502 and $1.502508, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
The market capitalization of KuCoin, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $96 million.
Straight Off the Chain
NA transactions amongst holders of KuCoin occurred yesterday. Regarding a tally of holders, Yesterday saw KuCoin’s wallet count NA by NA. To understand loyalty or repeat usage amongst holders of KuCoin, we can note that there were 28 wallets making a transaction yesterday, while 473 wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about 0.06.
Just How Rich are KuCoin’s Richest Holders?
And in regards to wealth distribution, note that the top 1,000 KuCoin wallets hold over 209.94% of the token’s total money supply. This number is greater than 100% because many of the token holders are not able to sell them yet, and thus their numbers are not included in the supply yet, though they can be regarded as future sellers when they are able to sell. 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 391 over the past 24 hours. Traders interested in following KuCoin has the biggest presence on Twitter, where it has 348,543 users engaged. Use this link to follow KuCoin on Twitter.
Article by SixJupiter
