How Did 0x’s Price Fare Yesterday?
0x is up by approximately 5.2% from the previous day, with its price currently hovering around $0.1842 USD. This marked the the 3rd day in a row 0x has been up; it is still in an uptrend, and is currently 12.16% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. 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 $0.15007 and $0.17838, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
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 $105 million.
Daily Engagement Metrics Update
Over the past 24 hours, 1,246 transfers have been added to the blockchain recording transactions amongst holders of 0x. As for the number of holders, yesterday saw the number of wallets holding 0x jump by 0. To provide context, we’d rank this token as 19 out of the 50 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of 0x Faring?
In terms of wealth concentration, the richest 1,000 wallets own 89.91% 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 5.39% 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 -0.07% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.08%. As for the 0x’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
Technical Development Status
The last activity date on 0x’s GitHub repository was September 17, 2019, or about 1 days ago. Over the past 30 days, we’ve seen open issues across 0x’s GitHub repositories grow by 0.47 per day on average, while the number of watchers has grown by 1.2.
0x’s Social Media Presence
Social media growth, in terms of Twitter followers, came in at up 4 over the past day for 0x. If you are interested in following 0x on social media, Twitter, where it has 151,106 following it, may be a good place to start. Here is the Twitter page for 0x.
Where to Buy
Article by SixJupiter