August 3, 2019: XMax (XMX): Up 2.77%; 2nd Straight Up Day

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How Did XMax’s Price Fare Yesterday?

At the time of this writing, XMax has a price of $0.003895 USD, which puts it up by approximately 2.77% from yesterday. This marked the the 2nd day in a row XMax has been up; it is still in a unclear trend, and is currently 9.8% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. 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 XMax imply the currency may oscillate between $0.003036 and $0.004059, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.

Where to trade Xmax (symbol: XMX): DDEX

The market capitalization of XMax, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $67 million.

Daily Engagement Metrics Update

Yesterday saw 15 transfers amongst holders of XMax. In terms of estimating the number of holders, over the past day the total number of wallets holding XMax has gone up by approximately 2. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has XMax ranked 25 out of the 37 Ethereum tokens we’re tracking.

Just How Rich are XMax’s Richest Holders?

The top 1,000 XMax wallets hold over 99.99% of the token’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 37.59% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0%.

How Much Development is Occurring?

The last activity date on XMax’s GitHub repository was July 30, 2019, or about 4 days ago. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for XMax are growing by 0 and -0.1, respectively, over the past 30 days.

What’s Going on Social Media?

Social media growth, in terms of Twitter followers, came in at up 1 over the past day for XMax. Reddit appears to be the most popular place to follow the company, and thus may be worth monitoring.

Where to Buy

You can trade Xmax, listed under the symbol XMX, through the following exchanges: DDEX.

Article by SixJupiter

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