0x Price Update
0x’s current price, at the time of this writing, is $0.2932 USD, up by approximately 1.81% from the day prior. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 0.46% below its 20 day moving average, and is currently in a unclear 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 $0.270344 and $0.318746, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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The currency’s market cap currently stands at $173 million US dollars.
Unusual Developments
Since yesterday, 0x saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.
Daily Engagement Metrics Update
Yesterday saw 5,096 transfers amongst holders of 0x. As for the number of holders, yesterday saw the number of wallets holding 0x rise by 0. To provide context, we’d rank this token as 13 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are 0x’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 89.32%. 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 4.82% 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 -0.13%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.2%. 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 Much Development is Occurring?
The last activity date on 0x’s GitHub repository was October 25, 2019, or about 3 days ago. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for 0x are growing by 0.63 and 1.37, respectively, over the past 30 days.
The Latest on 0x and Social Media
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 34 and 11 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
