Kucoin: What’s the Latest Regarding its Price?
Kucoin’s current price, at the time of this writing, is $1.495 USD, down by approximately 4.35% from the day prior. This marked the the 2nd straight day Kucoin has been down; it is still in an uptrend, and is currently 16.29% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. 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 $0.913438 and $1.657662, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of 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 $136 million.
Straight Off the Chain
Yesterday saw 41 transfers amongst holders of Kucoin. As for the number of holders, yesterday saw the number of wallets holding Kucoin jump by 9. If we observe percentage growth in holders and transfers, we find that Kucoin ranks 26 out of the 36 Ethereum tokens we are tracking.
Just How Rich are Kucoin’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 97.45%. 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
Facebook appears to be the most popular place to follow the company, and thus may be worth monitoring.
Article by SixJupiter
