0x: What’s the Latest Regarding its Price?
0x is down by approximately 6.68% from the previous day, with its price currently hovering around $0.1801 USD. 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 21.07% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $0.192254 and $0.264096. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
Trade 0x (ZRX) and over 500 other cryptos across ten different exchanges — all from one app. Try Quadency.
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 $108 million.
What Anamolies Occurred Since Yesterday?
Yesterday, the metrics transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Update on Transactions and Holders
1,056 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 61. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has 0x ranked 22 out of the 32 Ethereum tokens we’re tracking.
How are the Strong Holders of 0x Faring?
The top 1,000 0x wallets hold over 88.94% 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 4.46% of the currency’s total money supply. Exchange ownership grew by -0.03% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.03% over that time period. 0x’s smart contract owns approximately 0.01% of its own total money supply. This amount hasn’t changed over the past week.
Technical Development Status
The last activity date on 0x’s GitHub repository was December 17, 2019, or about 1 days ago. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for 0x are growing by 0.1 and 1.2, respectively, over the past 30 days.
The Latest on 0x and Social Media
Traders interested in following 0x has the biggest presence on Twitter, where it has 151,810 users engaged. Here is the Twitter page for 0x.
Where to Buy
You can trade 0x, listed under the symbol ZRX, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
