0x: What’s the Latest Regarding its Price?
At the time of this writing, 0x has a price of $0.3233 USD, which puts it down by approximately 1.01% from yesterday. This marked the the 2nd day in a row 0x has been down; it is still in an uptrend, and is currently 17.39% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on 0x suggest price may bounce between $0.217927 and $0.332903 based on its momentum and volatility over the past 14 days. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
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The currency’s market cap currently stands at $195 million US dollars.
Straight Off the Chain
Over the past 24 hours, 1,308 transfers have been added to the blockchain recording transactions amongst holders of 0x. In terms of estimating the number of holders, over the past day the total number of wallets holding 0x has gone up by approximately 130. If we observe percentage growth in holders and transfers, we find that 0x ranks 2.5 out of the 34 Ethereum tokens we are tracking.
Observing 0x’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 89.42% 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 5% 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 -0.05% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.18%. The underlying smart contract itself for 0x owns 0.01% of the total money supply; over the past week, this amount has not changed.
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 October 22, 2019 (today). 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 0.53 per day, while the number of followers watching 0x’s repositories is growing by 1.7.
What’s Going on Social Media?
Traders interested in following 0x has the biggest presence on Twitter, where it has 151,246 users engaged. 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
