0x: What’s the Latest Regarding its Price?
0x’s current price, at the time of this writing, is $0.2012 USD, up by approximately 1.82% from the day prior. This marked the the 2nd day in a row 0x has been up; it is still in an uptrend, and is currently 7.81% 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 $0.171857 and $0.201403 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.
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As for 0x’s market cap, it is currently at about $129M US dollars.
Update on Transactions and Holders
2,908 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 132. To provide context, we’d rank this token as 17 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing 0x’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 88.92% 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 4.79% of the currency’s total money supply. Exchange ownership grew by 0.32% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.01% over that time period. 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 09, 2020 (today). Over the past 30 days, we’ve seen open issues across 0x’s GitHub repositories grow by 0.37 per day on average, while the number of watchers has grown by 0.77.
The Latest on 0x and Social Media
Traders interested in following 0x has the biggest presence on Twitter, where it has 152,023 users engaged. 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
