September 19, 2019: 0x (ZRX): Down 0.41%; Anomalies In Transfers Added

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How Did 0x’s Price Fare Yesterday?

0x is down by approximately 0.41% from the previous day, with its price currently hovering around $0.192 USD. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 15.31% above its 20 day moving average, and is currently in an up 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 $0.143607 and $0.189403. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.

Where to trade 0x (symbol: ZRX): Gate, Yobit, Binance, DDEX, Ethfinex

The currency’s market cap currently stands at $116 million US dollars.

Unusual Developments

Yesterday, the metrics transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.

Update on Transactions and Holders

-964,272 transactions amongst holders of 0x occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding 0x jump by 151. If we observe percentage growth in holders and transfers, we find that 0x ranks 33 out of the 33 Ethereum tokens we are tracking.

Observing 0x’s Richest Wallets

In terms of wealth concentration, the richest 1,000 wallets own 89.89% of the coin’s total money supply. 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 5.37% of the currency’s money supply. Exchange ownership grew by 0.12% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.02% over that time period. 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 Active are the Software Developers?

The last activity date on 0x’s GitHub repository occurred on today, September 19, 2019. Over the past 30 days, we’ve seen open issues across 0x’s GitHub repositories grow by 0.5 per day on average, while the number of watchers has grown by 1.4.

What’s Going on Social Media?

In terms of social media presence, 0x saw its Twitter followers and Reddit subscribers go up by 15 and 6 over the past 24 hours. Traders interested in following 0x has the biggest presence on Twitter, where it has 151,121 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

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