How Did 0x’s Price Fare Yesterday?
0x is up by approximately 8.97% from the previous day, with its price currently hovering around $0.2952 USD. This marked the the 2nd day in a row 0x has been up; it is still in an uptrend, and is currently 27.7% above 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 $0.173491 and $0.288859, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.
Trade 0x (ZRX) and over 500 other cryptos across ten different exchanges — all from one app. Try Quadency.
As for 0x’s market cap, it is currently at about $176M US dollars.
Update on Transactions and Holders
No transactions amongst holders of 0x occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding 0x fall by 126. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has 0x ranked 19 out of the 35 Ethereum tokens we’re tracking.
How are the Strong Holders of 0x Faring?
In terms of wealth concentration, the richest 1,000 wallets own 89.45% 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 4.88% 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 -0.1% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.16%. 0x’s smart contract owns approximately 0.01% of its own total money supply. This amount hasn’t changed over the past week.
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 October 14, 2019 (today). Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for 0x are growing by 0.23 and 1.63, respectively, over the past 30 days.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 15 and 2 over the past day for 0x. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow 0x on Twitter here.
Where to Buy
You can trade 0x, listed under the symbol ZRX, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
