0x Price Update
0x’s current price, at the time of this writing, is $0.2211 USD, up by approximately 1.42% from the day prior. 0x enters the day 14.74% above its 20 day moving average, and is experiencing its the 3rd day in a row up. 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 $0.163955 and $0.221425, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
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 $131 million.
Unusual Developments
The following metrics showed unusual change over the past 24 hours for 0x: holders added. Further investigation may be warranted.
Straight Off the Chain
2,146 transactions amongst holders of 0x occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding 0x rise by 195. If we observe percentage growth in holders and transfers, we find that 0x ranks 16 out of the 29 Ethereum tokens we are tracking.
Observing 0x’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 89.14%. 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 4.81% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0.25%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.35%. 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
The last activity date on 0x’s GitHub repository was January 11, 2020, or about 2 days ago. Over the past 30 days, we’ve seen open issues across 0x’s GitHub repositories grow by 0.5 per day on average, while the number of watchers has grown by 0.8.
What’s Going on Social Media?
If you are interested in following 0x on social media, Twitter, where it has 152,016 following it, may be a good place to start. 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