0x: What’s the Latest Regarding its Price?
0x is down by approximately 5.06% from the previous day, with its price currently hovering around $0.1857 USD. The down day for 0x yesterday was a reversal from the day before it, which puts its price at 2.11% above its 20 day moving average. Over the past two weeks, price has been in a unclear trend. 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 $0.160361 and $0.203369. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
As for 0x’s market cap, it is currently at about $111M US dollars.
Daily Engagement Metrics Update
Yesterday we did not see any transfers 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 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?
The top 1,000 0x wallets hold over 90.07% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 5.38% of the currency’s money supply. Exchange ownership grew by 0.07% 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.
How Much Development is Occurring?
The last activity date on 0x’s GitHub repository occurred on today, August 25, 2019. Over the past 30 days, we’ve seen open issues across 0x’s GitHub repositories grow by -0.03 per day on average, while the number of watchers has grown by 2.
The Latest on 0x and Social Media
In the past day, 0x’s Reddit subscribers went up by 3, respectively. 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.
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Article by SixJupiter