0x: What’s the Latest Regarding its Price?
At the time of this writing, 0x has a price of $0.2924 USD, which puts it down by approximately 0.61% from yesterday. 0x is currently in a unclear , and it should be noted that this is now the the 2nd day in a row that price has been down. Moreover, 0x is now 2.43% below its 20 day moving average. 0x’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $0.273265 and $0.326105. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
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As for 0x’s market cap, it is currently at about $178M US dollars.
0x’s Surprises of the Day
Since yesterday, 0x saw anomalous behavior in transfers added. It may be worth looking into the causes of this a bit more.
Update on Transactions and Holders
Yesterday saw 1,033,197 transfers amongst holders of 0x. Regarding a tally of holders, Yesterday saw 0x’s wallet count rise by 140. To provide context, we’d rank this token as 1 out of the 35 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 89.13% 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 4.65% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.17%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.18%. 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 November 04, 2019, or approximately 1 days before. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.03 per day, while the number of followers watching 0x’s repositories is growing by 1.5.
0x’s Social Media Presence
If you are interested in following 0x on social media, Facebook, where it has NA following it, may be a good place to start.
Where to Buy
Article by SixJupiter