0x: What’s the Latest Regarding its Price?
0x’s current price, at the time of this writing, is $0.1636 USD, down by approximately 2.97% from the day prior. 0x is currently in a down, and it should be noted that this is now the the 2nd consecutive day that price has been down. Moreover, 0x is now 12.29% below its 20 day moving average. 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 0x imply the currency may oscillate between $0.163334 and $0.209696, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
Where to trade 0x (symbol: ZRX): Gate, Yobit, Binance, DDEX, Ethfinex
The market capitalization of 0x, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $101 million.
Unusual Developments
Since yesterday, 0x saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.
Straight Off the Chain
1,296 transactions amongst holders of 0x occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding 0x rise by 270. To provide context, we’d rank this token as 18 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing 0x’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 90.06% of the coin’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 5.24% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0.05%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.25%. As for the 0x’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
How Much Development is Occurring?
In terms of how active the software development team working on 0x is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on August 21, 2019 (today). Over the past 30 days, we’ve seen open issues across 0x’s GitHub repositories grow by 0.57 per day on average, while the number of watchers has grown by 1.87.
What’s Going on Social Media?
In the past day, 0x’s Reddit subscribers went up by 5, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for 0x.
Where to Buy
You can trade 0x, listed under the symbol ZRX, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
