Kucoin Price Update
Kucoin’s current price, at the time of this writing, is $1.075 USD, down by approximately 3.41% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 26.51% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $1.002842 and $1.922558. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
As for Kucoin’s market cap, it is currently at about $98M US dollars.
Straight Off the Chain
Over the past 24 hours, 7 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 3. If we observe percentage growth in holders and transfers, we find that Kucoin ranks 25 out of the 32 Ethereum tokens we are tracking.
Observing Kucoin’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.99%. 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 the past day, Kucoin’s Twitter followers and Reddit subscribers went up by 34 and 71, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Kucoin on Twitter here.
Article by SixJupiter
