0x: What’s the Latest Regarding its Price?
At the time of this writing, 0x has a price of $0.2361 USD, which puts it down by approximately 3.67% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 18.03% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $0.162004 and $0.238056, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain selling, 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 $148 million.
Straight Off the Chain
1,595 transactions amongst holders of 0x occurred yesterday. Regarding a tally of holders, Yesterday saw 0x’s wallet count 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.
Observing 0x’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 89.21% of the coin’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 5.03% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0.29% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.24%. 0x’s smart contract owns approximately 0.01% of its own total money supply. This amount hasn’t changed over the past week.
How Much Development is Occurring?
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 16, 2020 (today). 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 0.83, respectively, over the past 30 days.
What’s Going on Social Media?
In terms of social media presence, 0x saw its Twitter followers go up by 4 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
