0x Price Update
At the time of this writing, 0x has a price of $0.2093 USD, which puts it down by approximately 1.46% from yesterday. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 0.41% above its 20 day moving average, and is currently in a down trend over the past 14 days. 0x’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $0.181466 and $0.235414. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
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The currency’s market cap currently stands at $128 million US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 1,443 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 128. To provide context, we’d rank this token as 15 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of 0x Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 89.57%. 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. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.14%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.23%. As for the 0x’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
How Much Development is Occurring?
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 04, 2019 (today). Over the past 30 days, we’ve seen open issues across 0x’s GitHub repositories grow by 0.57 per day on average, while the number of watchers has grown by 1.73.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers, came in at up 26 over the past day for 0x. If you are interested in following 0x on social media, Twitter, where it has 151,136 following it, may be a good place to start. You can follow 0x on Twitter here.
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Article by SixJupiter