September 18, 2019: Kucoin (KCS): Up 0.91%; Unusual Moves In Transfers Added


How Did Kucoin’s Price Fare Yesterday?

Kucoin’s current price, at the time of this writing, is $1.667 USD, up by approximately 0.91% from the day prior. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 5.84% above its 20 day moving average, and is currently in an up trend over the past 14 days. 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 $1.381494 and $1.768506. 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 $146 million US dollars.

What Anamolies Occurred Since Yesterday?

Since yesterday, Kucoin saw anomalous behavior in transfers added. It may be worth looking into the causes of this a bit more.

Update on Transactions and Holders

291 transactions amongst holders of Kucoin occurred yesterday. Regarding a tally of holders, Yesterday saw Kucoin’s wallet count jump by 0. If we observe percentage growth in holders and transfers, we find that Kucoin ranks 16 out of the 50 Ethereum tokens we are tracking.

How are the Strong Holders of Kucoin Faring?

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.

Kucoin’s Social Media Presence

In terms of social media presence, Kucoin saw its Reddit subscribers go up by 67 over the past 24 hours. 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

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