KuCoin: What’s the Latest Regarding its Price?
KuCoin’s current price, at the time of this writing, is $0.8457 USD, down by approximately 4.1% from the day prior. KuCoin is currently in a down, and it should be noted that this is now the the 4th consecutive day that price has been down. Moreover, KuCoin is now 9.83% 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 14 days. Another data point we may find worthy of observation is that price for KuCoin has increased 4 of the previous 14 days.
In terms of an expected trading range, the Bollinger bands on KuCoin suggest price may bounce between $0.86624 and $1.00957 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
As for KuCoin’s market cap, it is currently at about $69M US dollars.
Daily Engagement Metrics Update
110 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 down by approximately 0. To understand loyalty or repeat usage amongst holders of KuCoin, we can note that there were 40 wallets making a transaction yesterday, while 404 wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about 0.1.
Just How Rich are KuCoin’s Richest Holders?
And in regards to wealth distribution, note that the top 1,000 KuCoin wallets hold over 210.75% of the token’s total 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%. KuCoin’s smart contract owns approximately 0.01% of its own total money supply. This amount hasn’t changed over the past week.
The Latest on KuCoin and Social Media
Facebook appears to be the most popular place to follow the company, and thus may be worth monitoring.
Article by SixJupiter
