KuCoin: What’s the Latest Regarding its Price?
KuCoin’s current price, at the time of this writing, is $0.9162 USD, down by approximately 2.87% from the day prior. KuCoin enters the day 2.73% below its 20 day moving average, and is experiencing its the 3rd day in a row down. To help contextualize yesterday’s price move, we can observe that price has rallied 14 of the past 30 days. And in terms of volume, yesterday’s price move ocurred on volume that was 60.54% less than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on KuCoin suggest price may bounce between $0.896018 and $0.987862 based on its momentum and volatility over the past 14 days. 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 $75M US dollars.
Update on Transactions and Holders
Over the past 24 hours, 288 transfers have been added to the blockchain recording transactions amongst holders of KuCoin. As for the number of holders, yesterday saw the number of wallets holding KuCoin drop by 0. In terms of recurring usage, we can note that 360 wallets have sent or received coins in the past month, while 87 have in the past day.
How are the Strong Holders of KuCoin Faring?
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. Incidentally, this value exceeds 100% because many owners are not yet able to sell (due to contractual provisions), and our supply metric only observes liquid supply. 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
Traders interested in following KuCoin has the biggest presence on Twitter, where it has 352,664 users engaged. Here is the Twitter page for KuCoin.
Article by SixJupiter
