0x: What’s the Latest Regarding its Price?
0x is down by approximately 3.31% from the previous day, with its price currently hovering around $0.1901 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 2.4% 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 $0.174612 and $0.196678 based on its momentum and volatility over the past 14 days. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
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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 $119 million.
0x’s Surprises of the Day
Since yesterday, 0x saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.
Straight Off the Chain
Over the past 24 hours, 1,730 transfers have been added to the blockchain recording transactions amongst holders of 0x. Regarding a tally of holders, Yesterday saw 0x’s wallet count jump by 200. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has 0x ranked 18 out of the 32 Ethereum tokens we’re tracking.
How are the Strong Holders of 0x Faring?
In terms of wealth concentration, the richest 1,000 wallets own 88.89% 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 4.46% 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 -0.03% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.01%. 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
The last activity date on 0x’s GitHub repository was January 06, 2020, or about 2 days ago. Over the past 30 days, we’ve seen open issues across 0x’s GitHub repositories grow by 0.3 per day on average, while the number of watchers has grown by 0.8.
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. 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
