September 10, 2019: Kucoin (KCS): Down 0.33%

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Kucoin: What’s the Latest Regarding its Price?

At the time of this writing, Kucoin has a price of $1.557 USD, which puts it up by approximately 0.97% from yesterday. The up day for Kucoin yesterday was a reversal from the day before it, which puts its price at 3.78% above its 20 day moving average. Over the past two weeks, price has been in an up trend. In terms of an expected trading range, the Bollinger bands on Kucoin suggest price may bounce between $1.350751 and $1.649749 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 currency’s market cap currently stands at $136 million US dollars.

What Anamolies Occurred Since Yesterday?

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.

Daily Engagement Metrics Update

Yesterday saw 52 transfers amongst holders of Kucoin. Regarding a tally of holders, Yesterday saw Kucoin’s wallet count increase by 18. To provide context, we’d rank this token as 27 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

In terms of wealth concentration, the richest 1,000 wallets own 99.99% of the coin’s total money supply. As for the Kucoin’s smart contract itself, that owns 0% of the total money supply, an amount unchanged from the week prior.

The Latest on Kucoin and Social Media

In terms of social media presence, Kucoin saw its Twitter followers and Reddit subscribers go up by 894 and 48 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Use this link to follow Kucoin on Twitter.

Article by SixJupiter

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