0x Price Update
0x is down by approximately 0.48% from the previous day, with its price currently hovering around $0.1878 USD. This marked the the 9th straight day 0x has been down; it is still in a downtrend, and is currently 14.46% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on 0x suggest price may bounce between $0.189569 and $0.249521 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
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 $113 million.
Daily Engagement Metrics Update
Yesterday saw 1,218 transfers amongst holders of 0x. Regarding a tally of holders, Yesterday saw 0x’s wallet count jump by 22. If we observe percentage growth in holders and transfers, we find that 0x ranks 20 out of the 36 Ethereum tokens we are tracking.
How are the Strong Holders of 0x Faring?
The top 1,000 0x wallets hold over 89.88% 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 6% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0.04% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.36%. 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?
The last activity date on 0x’s GitHub repository occurred on today, August 09, 2019. 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 0.43 per day, while the number of followers watching 0x’s repositories is growing by 1.93.
The Latest on 0x and Social Media
Social media growth, in terms of Twitter followers, came in at up 15 over the past day for 0x. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow 0x on Twitter here.
Where to Buy
Article by SixJupiter