Kucoin: What’s the Latest Regarding its Price?
Kucoin is up by approximately 7.53% from the previous day, with its price currently hovering around $1.185 USD. Kucoin enters the day 6.89% above its 20 day moving average, and is experiencing its the 2nd straight day up. Kucoin’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $1.041356 and $1.175844. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.
As for Kucoin’s market cap, it is currently at about $101M US dollars.
Kucoin’s Surprises of the Day
Yesterday, the metrics price, holders added and transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Update on Transactions and Holders
63 transactions amongst holders of Kucoin occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Kucoin has gone up by approximately 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Kucoin ranked 27 out of the 41 Ethereum tokens we’re 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. Kucoin’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.
What’s Going on Social Media?
In terms of social media presence, Kucoin saw its Reddit subscribers go up by 28 over the past 24 hours. If you are interested in following Kucoin on social media, Twitter, where it has 337,298 following it, may be a good place to start. Use this link to follow Kucoin on Twitter.
Article by SixJupiter
