How Did 0x’s Price Fare Yesterday?
0x’s current price, at the time of this writing, is $0.1645 USD, up by approximately 3.13% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 1.77% below 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 $0.158116 and $0.176824 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
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 $99 million.
0x’s Surprises of the Day
Yesterday, the metrics holders added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Straight Off the Chain
1,152 transactions amongst holders of 0x occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding 0x has gone up by approximately 259. To provide context, we’d rank this token as 17 out of the 31 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing 0x’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 89.99%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 5.35% 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 0.01%. 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 September 09, 2019, or approximately 1 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for 0x are growing by 0.27 and 1.4, respectively, over the past 30 days.
0x’s Social Media Presence
If you are interested in following 0x on social media, Twitter, where it has 151,121 following it, may be a good place to start. Use this link to follow 0x on Twitter.
Where to Buy
Article by SixJupiter