How Did 0x’s Price Fare Yesterday?
0x’s current price, at the time of this writing, is $0.2113 USD, up by approximately 2.03% from the day prior. 0x is currently in an up, and it should be noted that this is now the the 2nd consecutive day that price has been up. Moreover, 0x is now 10.87% above its 20 day moving average. 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 $0.166909 and $0.214241, 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 shorting opportunities.
Get your analysis of 0x (ZRX) here on CryptoCoin.news. And for daily analysis and recaps of the 5 major cryptocurrencies, visit CFDTrading.com.
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 $125 million.
Update on Transactions and Holders
Yesterday we did not see any transfers amongst holders of 0x. As for the number of holders, yesterday saw the number of wallets holding 0x fall by 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has 0x ranked 19 out of the 30 Ethereum tokens we’re tracking.
How are the Strong Holders of 0x Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 89.13%. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 4.75% 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 0.24% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.3%. As for the 0x’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
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 January 11, 2020, or approximately 1 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for 0x are growing by 0.37 and 0.8, respectively, over the past 30 days.
What’s Going on Social Media?
In terms of social media presence, 0x saw its Reddit subscribers go up by 9 over the past 24 hours. 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
You can trade 0x, listed under the symbol ZRX, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
