January 22, 2020: 0x (ZRX): Up 2.89%; 2nd Straight Up Day

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How Did 0x’s Price Fare Yesterday?

At the time of this writing, 0x has a price of $0.2425 USD, which puts it up by approximately 2.89% from yesterday. 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 11.58% above its 20 day moving average. 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 $0.18096 and $0.2537, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.

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 $145M US dollars.

Update on Transactions and Holders

1,106 transactions amongst holders of 0x occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding 0x has gone up by approximately 0. If we observe percentage growth in holders and transfers, we find that 0x ranks 17 out of the 31 Ethereum tokens we are tracking.

Observing 0x’s Richest Wallets

In terms of wealth concentration, the richest 1,000 wallets own 89.28% 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 4.69% 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 0.1% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.28%. The underlying smart contract itself for 0x owns 0.01% of the total money supply; over the past week, this amount has not changed.

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 22, 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 0.9, 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 21 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

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