Kucoin: What’s the Latest Regarding its Price?
At the time of this writing, Kucoin has a price of $1.497 USD, which puts it up by approximately 0.67% from yesterday. The up day for Kucoin yesterday was a reversal from the day before it, which puts its price at 23.46% above its 20 day moving average. Over the past two weeks, price has been in an up trend. 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 $0.84987 and $1.57513. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading 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 $131 million.
Kucoin’s Surprises of the Day
Since yesterday, Kucoin saw anomalous behavior in holders added and transfers added. It may be worth looking into the causes of this a bit more.
Update on Transactions and Holders
Over the past 24 hours, 86 transfers have been added to the blockchain recording transactions amongst holders of Kucoin. In terms of estimating the number of holders, over the past day the total number of wallets holding Kucoin has gone up by approximately 21. If we observe percentage growth in holders and transfers, we find that Kucoin ranks 27 out of the 34 Ethereum tokens we are tracking.
How are the Strong Holders of Kucoin Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.99%. As for the Kucoin’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
Kucoin’s Social Media Presence
Traders interested in following Kucoin has the biggest presence on Twitter, where it has 337,111 users engaged. Use this link to follow Kucoin on Twitter.
Article by SixJupiter
