0x Price Update
At the time of this writing, 0x has a price of $0.2406 USD, which puts it down by approximately 1.07% from yesterday. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 16.06% below its 20 day moving average, and is currently in a down trend over the past 14 days. Another data point we may find worthy of observation is that price for 0x has increased 1 of the previous 5 days. Another data point we may find worthy of observation is that price for 0x has increased 1 of the previous 5 days.
In terms of an expected trading range, the Bollinger bands on 0x suggest price may bounce between $0.235006 and $0.338274 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading 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 $150 million.
Straight Off the Chain
Yesterday saw 1,333 transfers amongst holders of 0x. In terms of estimating the number of holders, over the past day the total number of wallets holding 0x has gone down by approximately 0. In terms of recurring usage, we can note that 10,915 wallets have sent or received coins in the past month, while 488 have in the past day.
How are the Strong Holders of 0x Faring?
As for wealth distribution, the richest 1,000 wallets currently own 142.79% of the money supply. To further clarify, our supply metric focuses only on supply that is publicly available while many large holders may have tokens they are not able to sell yet — which is why this value can exceed 100%.
What’s Going on Social Media?
In terms of social media presence, 0x saw its Reddit subscribers go up by 1 over the past 24 hours. Traders interested in following 0x has the biggest presence on Twitter, where it has 152,757 users engaged. You can follow 0x on Twitter here.
Article by SixJupiter
