January 15, 2020: 0x (ZRX): Up 5.11%; 2nd Consecutive Up Day


How Did 0x’s Price Fare Yesterday?

0x is up by approximately 5.11% from the previous day, with its price currently hovering around $0.2283 USD. 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 16.24% above its 20 day moving average. 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 $0.16547 and $0.22734. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of 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 $142 million.

Straight Off the Chain

Over the past 24 hours, 1,944 transfers have been added to the blockchain recording transactions amongst holders of 0x. As for the number of holders, yesterday saw the number of wallets holding 0x increase by 91. If we observe percentage growth in holders and transfers, we find that 0x ranks 16 out of the 29 Ethereum tokens we are tracking.

Just How Rich are 0x’s Richest Holders?

In terms of wealth concentration, the richest 1,000 wallets own 89.18% of the coin’s total money supply. 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 4.97% 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 0.26% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.18%. 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

0x has been active recently on its GitHub repos, with its most recent code updates occurring today, January 15, 2020. 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?

Social media growth, in terms of Twitter followers, came in at up 1 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

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