September 20, 2019: 0x (ZRX): Down 1.31%; Unusual Moves In Transfers Added

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0x: What’s the Latest Regarding its Price?

0x’s current price, at the time of this writing, is $0.2253 USD, down by approximately 1.31% from the day prior. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 31.77% above its 20 day moving average, and is currently in an up 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 $0.124192 and $0.217768, based on how price has behaved in the two weeks prior. 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 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 $137 million.

What Anamolies Occurred Since Yesterday?

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

Yesterday saw 967,473 transfers amongst holders of 0x. As for the number of holders, yesterday saw the number of wallets holding 0x increase by 223. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has 0x ranked 1 out of the 33 Ethereum tokens we’re tracking.

How are the Strong Holders of 0x Faring?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 89.84%. 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 5.12% 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 -0.07%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.06%. 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 Active are the Software Developers?

0x has been active recently on its GitHub repos, with its most recent code updates occurring today, September 20, 2019. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for 0x are growing by 0.6 and 1.47, respectively, over the past 30 days.

What’s Going on Social Media?

Traders interested in following 0x has the biggest presence on Twitter, where it has 151,107 users engaged. Here is the Twitter page for 0x.

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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