0x Price Update
0x’s current price, at the time of this writing, is $0.2357 USD, up by approximately 1.68% from the day prior. 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 10.05% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on 0x suggest price may bounce between $0.175198 and $0.253142 based on its momentum and volatility over the past 14 days. 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.
As for 0x’s market cap, it is currently at about $140M US dollars.
Daily Engagement Metrics Update
Yesterday saw 1,144 transfers amongst holders of 0x. As for the number of holders, yesterday saw the number of wallets holding 0x increase by 95. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has 0x ranked 16 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 89.26%. 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 4.73% of the currency’s total money supply. Exchange ownership grew by -0.13% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.11% over that time period. 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 20, 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 0.53 and 0.87, respectively, over the past 30 days.
The Latest on 0x and Social Media
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
