0x Price Update
At the time of this writing, 0x has a price of $0.1956 USD, which puts it up by approximately 11.84% from yesterday. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 6.34% above its 20 day moving average, and is currently in a unclear trend over the past 14 days. 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 $0.167699 and $0.200171. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting 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 $111 million.
Unusual Developments
Since yesterday, 0x saw anomalous behavior in price. It may be worth looking into the causes of this a bit more.
Straight Off the Chain
Over the past 24 hours, no transfers have been added to the blockchain recording transactions amongst holders of 0x. As for the number of holders, yesterday saw the number of wallets holding 0x fall by 0. To provide context, we’d rank this token as 19 out of the 31 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 90.1% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 5.35% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0.03% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.02%. 0x’s smart contract owns approximately 0.01% of its own total money supply. This amount hasn’t changed over the past week.
How Active are the Software Developers?
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 23, 2019, or approximately 1 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for 0x are growing by 0.1 and 2.03, respectively, over the past 30 days.
The Latest on 0x and 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
