Kucoin Price Update
At the time of this writing, Kucoin has a price of $0.9592 USD, which puts it up by approximately 10.66% from yesterday. The up day for Kucoin yesterday was a reversal from the day before it, which puts its price at 14.92% below its 20 day moving average. Over the past two weeks, price has been in a down trend. In terms of an expected trading range, the Bollinger bands on Kucoin suggest price may bounce between $0.916921 and $1.337869 based on its momentum and volatility over the past 14 days. 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 $78M US dollars.
Unusual Developments
The following metrics showed unusual change over the past 24 hours for Kucoin: holders added. Further investigation may be warranted.
Straight Off the Chain
48 transactions amongst holders of Kucoin occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Kucoin increase by 15. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Kucoin ranked 22 out of the 33 Ethereum tokens we’re tracking.
Observing Kucoin’s Richest Wallets
The top 1,000 Kucoin wallets hold over 99.99% of the token’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.
The Latest on Kucoin and Social Media
In terms of social media presence, Kucoin saw its Twitter followers and Reddit subscribers go up by 18 and 14 over the past 24 hours. If you are interested in following Kucoin on social media, Twitter, where it has 334,910 following it, may be a good place to start. Use this link to follow Kucoin on Twitter.
Article by SixJupiter