How Did Kucoin’s Price Fare Yesterday?
Kucoin’s current price, at the time of this writing, is $1.133 USD, down by approximately 2.91% from the day prior. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 12.83% below its 20 day moving average, and is currently in a down trend over the past 14 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 $1.156571 and $1.442929, 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 $96M US dollars.
Update on Transactions and Holders
Over the past 24 hours, no transfers have been added to the blockchain recording transactions 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 down by approximately 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Kucoin ranked 30 out of the 37 Ethereum tokens we’re tracking.
Observing Kucoin’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 99.99% of the coin’s total money supply. 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 terms of social media presence, Kucoin saw its Reddit subscribers go up by 52 over the past 24 hours. Traders interested in following Kucoin has the biggest presence on Twitter, where it has 334,955 users engaged. You can follow Kucoin on Twitter here.
Article by SixJupiter
