0x Price Update
0x is down by approximately 0.58% from the previous day, with its price currently hovering around $0.1706 USD. 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 12.63% below its 20 day moving average. In terms of an expected trading range, the Bollinger bands on 0x suggest price may bounce between $0.168214 and $0.222326 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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 $103 million.
Straight Off the Chain
Yesterday saw 495 transfers amongst holders of 0x. In terms of estimating the number of holders, over the past day the total number of wallets holding 0x has gone up by approximately 123. To provide context, we’d rank this token as 17 out of the 34 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 90.06%. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 5.32% of the currency’s money supply. Exchange ownership grew by -0.47% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.17% 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.
How Active are the Software Developers?
0x hasn’t had any activity on any of its GitHub repos since August 17, 2019 — 1 days prior. 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 0.73 per day, while the number of followers watching 0x’s repositories is growing by 1.97.
0x’s Social Media Presence
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
