0x: What’s the Latest Regarding its Price?
At the time of this writing, 0x has a price of $0.211 USD, which puts it down by approximately 0.38% from yesterday. This marked the the 2nd day in a row 0x has been down; it is still in a unclear trend, and is currently 2.32% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. 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 $0.200989 and $0.231041, 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.
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As for 0x’s market cap, it is currently at about $129M US dollars.
Straight Off the Chain
963 transactions amongst holders of 0x occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding 0x has gone up by approximately 107. To provide context, we’d rank this token as 15 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are 0x’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 89.55%. 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 5.04% of the currency’s total money supply. Exchange ownership grew by 0% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.1% over that time period. The underlying smart contract itself for 0x owns 0.01% of the total money supply; over the past week, this amount has not changed.
Technical Development Status
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 October 06, 2019, or approximately 1 days before. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.4 per day, while the number of followers watching 0x’s repositories is growing by 1.6.
0x’s Social Media Presence
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 13 and 1 over the past day for 0x. 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
