How Did 0x’s Price Fare Yesterday?
0x is down by approximately 1.54% from the previous day, with its price currently hovering around $0.3266 USD. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 21.42% above its 20 day moving average, and is currently in an up trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on 0x suggest price may bounce between $0.203217 and $0.334743 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.
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The currency’s market cap currently stands at $200 million US dollars.
Straight Off the Chain
Yesterday saw 1,888 transfers amongst holders of 0x. Regarding a tally of holders, Yesterday saw 0x’s wallet count increase by 130. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has 0x ranked 2.5 out of the 34 Ethereum tokens we’re tracking.
How are the Strong Holders of 0x Faring?
The top 1,000 0x wallets hold over 89.45% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 5.03% of the currency’s 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%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.14%. 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 20, 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 0.4 per day, while the number of followers watching 0x’s repositories is growing by 1.63.
0x’s Social Media Presence
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
Article by SixJupiter