KuCoin: What’s the Latest Regarding its Price?
At the time of this writing, KuCoin has a price of $0.9306 USD, which puts it up by approximately 0.46% from yesterday. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 1.39% below its 20 day moving average, and is currently in a unclear trend over the past 14 days. 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 $0.906505 and $0.980925, 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.
As for KuCoin’s market cap, it is currently at about $76M US dollars.
Daily Engagement Metrics Update
Yesterday saw 235 transfers amongst holders of KuCoin. In terms of estimating the number of holders, over the past day the total number of wallets holding KuCoin has gone up by approximately 11. In terms of recurring usage, we can note that 376 wallets have sent or received coins in the past month, while 83 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. 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. 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
Social media growth, in terms of Reddit subscribers, came in at up 8 over the past day for KuCoin. Traders interested in following KuCoin has the biggest presence on Twitter, where it has 352,636 users engaged. You can follow KuCoin on Twitter here.
Article by SixJupiter
