0x: What’s the Latest Regarding its Price?
0x’s current price, at the time of this writing, is $0.2318 USD, down by approximately 3.86% from the day prior. This marked the the 3rd consecutive day 0x has been down; it is still in an uptrend, and is currently 9.37% 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 $0.167946 and $0.255934, based on how price has behaved in the two weeks prior. 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 $140 million.
Update on Transactions and Holders
Over the past 24 hours, 1,062 transfers have been added to the blockchain recording transactions 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 up by approximately 95. To provide context, we’d rank this token as 16 out of the 31 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing 0x’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 89.26%. 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 4.74% of the currency’s total money supply. Exchange ownership grew by -0.06% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.12% over that time period. The underlying smart contract itself for 0x owns 0.01% of the total money supply; over the past week, this amount has not changed.
How Active are the Software Developers?
0x has been active recently on its GitHub repos, with its most recent code updates occurring today, January 20, 2020. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.6 per day, while the number of followers watching 0x’s repositories is growing by 0.87.
What’s Going on Social Media?
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
