How Did Kucoin’s Price Fare Yesterday?
Kucoin’s current price, at the time of this writing, is $1.126 USD, down by approximately 0.09% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 0.51% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Kucoin suggest price may bounce between $1.055768 and $1.184732 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain selling, 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 $99 million.
Straight Off the Chain
Yesterday saw 12 transfers amongst holders of Kucoin. Regarding a tally of holders, Yesterday saw Kucoin’s wallet count rise by 3. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Kucoin ranked 31 out of the 35 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% 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 Reddit subscribers go up by 35 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Kucoin.
Article by SixJupiter