0x Price Update
0x is down by approximately 0.33% from the previous day, with its price currently hovering around $0.1792 USD. 0x is currently in a unclear , and it should be noted that this is now the the 3rd consecutive day that price has been down. Moreover, 0x is now 0.52% below its 20 day moving average. 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 $0.164169 and $0.196111, 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.
Where to trade 0x (symbol: ZRX): Gate, Yobit, Binance, DDEX, Ethfinex
The currency’s market cap currently stands at $108 million US dollars.
Unusual Developments
Yesterday, the metrics holders added and transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Daily Engagement Metrics Update
Over the past 24 hours, 2,958 transfers have been added to the blockchain recording transactions amongst holders of 0x. Regarding a tally of holders, Yesterday saw 0x’s wallet count rise 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 90.06% of the token’s total money supply. 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 5.33% 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 -0.01% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.01%. 0x’s smart contract owns approximately 0.01% of its own total money supply. This amount hasn’t changed over the past week.
How Much Development is Occurring?
0x has been active recently on its GitHub repos, with its most recent code updates occurring today, August 26, 2019. Over the past 30 days, we’ve seen open issues across 0x’s GitHub repositories grow by -0.4 per day on average, while the number of watchers has grown by 1.9.
What’s Going on Social Media?
In the past day, 0x’s Twitter followers, Facebook likes and Reddit subscribers went up by 34, 1 and 1, respectively. If you are interested in following 0x on social media, Twitter, where it has 151,238 following it, may be a good place to start. You can follow 0x on Twitter here.
Where to Buy
You can trade 0x, listed under the symbol ZRX, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
