Kucoin: What’s the Latest Regarding its Price?
Kucoin is down by approximately 0.96% from the previous day, with its price currently hovering around $1.134 USD. The down day for Kucoin yesterday was a reversal from the day before it, which puts its price at 10.28% below its 20 day moving average. Over the past two weeks, price has been in a down trend. 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 $1.184887 and $1.343113, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
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 $94 million.
Update on Transactions and Holders
82 transactions amongst holders of Kucoin occurred yesterday. Regarding a tally of holders, Yesterday saw Kucoin’s wallet count jump by 9. If we observe percentage growth in holders and transfers, we find that Kucoin ranks 25 out of the 35 Ethereum tokens we are tracking.
Just How Rich are Kucoin’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 99.99% of the coin’s total money supply. 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
Social media growth, in terms of Reddit subscribers, came in at up 25 over the past day for Kucoin. Traders interested in following Kucoin has the biggest presence on Twitter, where it has 334,903 users engaged. Use this link to follow Kucoin on Twitter.
Article by SixJupiter
