Kucoin: What’s the Latest Regarding its Price?
Kucoin’s current price, at the time of this writing, is $1.315 USD, up by approximately 10.97% from the day prior. Kucoin is currently in a unclear , and it should be noted that this is now the the 3rd day in a row that price has been up. Moreover, Kucoin is now 17.12% above its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Kucoin suggest price may bounce between $0.988019 and $1.257481 based on its momentum and volatility over the past 14 days. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
The currency’s market cap currently stands at $112 million US dollars.
What Anamolies Occurred Since Yesterday?
The following metrics showed unusual change over the past 24 hours for Kucoin: holders added and transfers added. Further investigation may be warranted.
Daily Engagement Metrics Update
Over the past 24 hours, 92 transfers have been added to the blockchain recording transactions 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 25 out of the 34 Ethereum tokens we are tracking.
Just How Rich are Kucoin’s Richest Holders?
The top 1,000 Kucoin wallets hold over 99.99% of the token’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.
Kucoin’s Social Media Presence
Traders interested in following Kucoin has the biggest presence on Twitter, where it has 337,298 users engaged. You can follow Kucoin on Twitter here.
Article by SixJupiter
