0x: What’s the Latest Regarding its Price?
0x’s current price, at the time of this writing, is $0.2824 USD, up by approximately 3.63% from the day prior. This marked the the 2nd consecutive day 0x has been up; it is still in a downtrend, and is currently 5.18% below 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 $0.261947 and $0.333693, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
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The currency’s market cap currently stands at $165 million US dollars.
Daily Engagement Metrics Update
Yesterday we did not see any transfers amongst holders of 0x. As for the number of holders, yesterday saw the number of wallets holding 0x fall by 0. To provide context, we’d rank this token as 10 out of the 36 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 89.17% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 4.51% of the currency’s money supply. Exchange ownership grew by -0.48% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.2% 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 Active are the Software Developers?
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 November 01, 2019 (today). Over the past 30 days, we’ve seen open issues across 0x’s GitHub repositories grow by 0.23 per day on average, while the number of watchers has grown by 1.4.
0x’s Social Media Presence
If you are interested in following 0x on social media, Twitter, where it has 151,361 following it, may be a good place to start. You can follow 0x on Twitter here.
Where to Buy
Article by SixJupiter