October 9, 2019: Kucoin (KCS): Down 1.07%

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Kucoin Price Update

At the time of this writing, Kucoin has a price of $1.113 USD, which puts it down by approximately 1.07% from yesterday. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 8.3% below its 20 day moving average, and is currently in a unclear trend over the past 14 days. 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 $1.153481 and $1.274119, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.

As for Kucoin’s market cap, it is currently at about $99M US dollars.

Update on Transactions and Holders

Over the past 24 hours, 10 transfers have been added to the blockchain recording transactions amongst holders of Kucoin. Regarding a tally of holders, Yesterday saw Kucoin’s wallet count increase by 2. To provide context, we’d rank this token as 22 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Observing Kucoin’s Richest Wallets

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% of the total money supply; over the past week, this amount has not changed.

What’s Going on Social Media?

If you are interested in following Kucoin on social media, Twitter, where it has 337,817 following it, may be a good place to start. Here is the Twitter page for Kucoin.

Article by SixJupiter

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