0x Price Update
0x is up by approximately 3.29% from the previous day, with its price currently hovering around $0.1854 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 0.41% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 0x’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 $0.178186 and $0.194154. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
Trade 0x (ZRX) and over 500 other cryptos across ten different exchanges — all from one app. Try Quadency.
As for 0x’s market cap, it is currently at about $113M US dollars.
0x’s Surprises of the Day
Yesterday, the metrics holders added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Update on Transactions and Holders
2,648 transactions amongst holders of 0x occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding 0x increase by 0. To provide context, we’d rank this token as 31 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?
In terms of wealth concentration, the richest 1,000 wallets own 88.93% 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 4.47% of the currency’s total money supply. Exchange ownership grew by -0.09% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.01% over that time period. As for the 0x’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
Technical Development Status
The last activity date on 0x’s GitHub repository occurred on today, January 06, 2020. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for 0x are growing by 0.13 and 0.77, respectively, over the past 30 days.
What’s Going on Social Media?
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Use this link to follow 0x on Twitter.
Where to Buy
You can trade 0x, listed under the symbol ZRX, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
