0x: What’s the Latest Regarding its Price?
0x is up by approximately 2.98% from the previous day, with its price currently hovering around $0.3182 USD. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 27.44% above its 20 day moving average, and is currently in an up trend over the past 14 days. 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 $0.164563 and $0.334817, based on how price has behaved in the two weeks prior. 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 $186 million.
What Anamolies Occurred Since Yesterday?
Yesterday, the metrics holders added and transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Update on Transactions and Holders
Over the past 24 hours, -1,003,610 transfers have been added to the blockchain recording transactions amongst holders of 0x. As for the number of holders, yesterday saw the number of wallets holding 0x rise by 393. To provide context, we’d rank this token as 34 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of 0x Faring?
In terms of wealth concentration, the richest 1,000 wallets own 89.47% of the coin’s total money supply. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 4.96% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.02% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.19%. 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
0x hasn’t had any activity on any of its GitHub repos since October 16, 2019 — 1 days prior. Over the past 30 days, we’ve seen open issues across 0x’s GitHub repositories grow by 0.4 per day on average, while the number of watchers has grown by 1.67.
What’s Going on Social Media?
In terms of social media presence, 0x saw its Twitter followers and Reddit subscribers go up by 95 and 21 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Use this link to follow 0x on Twitter.
Where to Buy
You can trade 0x, listed under the symbol ZRX, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
