0x Price Update
At the time of this writing, 0x has a price of $0.2189 USD, which puts it up by approximately 1.3% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 9.02% below 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 0x imply the currency may oscillate between $0.212509 and $0.268721, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
Trade 0x (ZRX) and over 500 other cryptos across ten different exchanges — all from one app. Try Quadency.
The currency’s market cap currently stands at $132 million US dollars.
Update on Transactions and Holders
664 transactions amongst holders of 0x occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding 0x has gone up by approximately 14. To provide context, we’d rank this token as 21 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are 0x’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 88.96%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 4.53% 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 0.05%. The underlying smart contract itself for 0x owns 0.01% of the total money supply; over the past week, this amount has not changed.
Technical Development Status
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 December 13, 2019 (today). Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for 0x are growing by -0.17 and 1.57, respectively, over the past 30 days.
The Latest on 0x and Social Media
Social media growth, in terms of Twitter followers, came in at up 146 over the past day for 0x. 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
