What is 0x?
0x Project (zero-ex) aim to powering DEX i.e. Decentralized Exchange on Ethereum Blockchain that enable peer to peer ERC-20 token assets transfer. 0x protocol uses Ethereum smart contract that facilitate thousands of Ethereum token exchanges with efficient and trustworthy manner. 0x scratch feature from centralized and decentralized system that offers best asset representation for off blockchain orders and on blockchain settlement.
0x introduced in 2016 co-founded by Warrant and Bandeali. The original mission behind project is to create protocol that serve open standard, driving interoperability in dapps and common building blocks. Project believe that centralized ecosystem has security issue and replacing to decentralized system where transaction will be trustless and secured. 0x is open i.e. accessible for public smart contract i.e. act as shared infrastructure for powering decentralized application dApps.
0x created their own token i.e. ZRX token that widely to pay trading fees for the services on the network. ZRX is decentralized governance that means holding ZRX token gives you entry into future development on 0x Protocol. So, basically ZRX fuel all trading activity on the platform that support both ERC-20 and ERC-721 assets.
0x Price Prediction
|Month & Year||ZRX Price Prediction|
|Based on||DEX protocol|
|All-time high||$2.53 USD|
|Exchange Platform||Binance, coinbase Pro, Bitrue, Huobi Global, HitBTC, BKEX, OKEx, Coineal, OKEx, Upbit, Huobi Global, Bitfinex, Bithumb, Bitmax, Binance US, MXC|
|Wallet||Ledger, Atomic Wallet|
ZRX ICO Overview
|Raised by||$24,000,000 USD|
|Date of ICO||15 august 2017|
|ICO Price||$0.20 USD|
|Partners||Bluezelle, Aragon, Hummingbot, chronobank, Starkare, LedgerDEX, OAX.|
0x Price Analysis
0x has completed 3 years in the cryptocurrency market this month August 2020. It has very promising ROI of 287% as of now after 3 years. Means if you had invested $100 USD in Aug 2017, they you might have had $287 USD bucks in your wallet. Looking at the ROI rate, all ZRX investors must be happy with returns from last 3 years.
Comparing year 2019 with 2018 then there were very few fluctuations in the price of ZRX. Also, we have seen bearish market for 0x coin in year 2019 resulting into dramatic drop in the price. This must have disappointed crypto investors last year. Value of 1 0x coin was around $0.11 USD in its initial days. Almost 70% supply of ZRX is currently being circulated in market. Which means soon, 0x will reach saturation phase and price of ZRX may go high in coming few years.
After long period of time, 0x started showing 24 hr change in 2 digit of percentages which is helping it to stay in trend from last few days. All time high for this ZRX crypto of about $2.53 USD still lies in January 2018 which is still a golden period in crypto market when almost every coin had a bullish market. Currently 1 0x coin price is fluctuating in the range of $0.4 to $0.5 USD. This coin ZRX could be a good choice for those investors who can sustain for longer time period.
Will ZRX hit $1?
Yes, depending on performance year 2020.
How much ZRX will be worth in 5 years?
The most expected worth after 5 year will be around $3 USD
How Much 0x Worth in 2030?
Reach $10 USD mark
Is 0x a Good Investment?
Yes. Growth in ERC-20 Token asset development.
ERC-20 Ethereum Blockchain token is one of the most popular platforms that almost created thousand of token i.e. currently active. The 0x is platform plays important role in exchange and transfer, where this 0x is key factor behind bringing ease and security in DEX. 0x offers network liquidity that allow user to create and provide liquidity pool. 0x infrastructure and API enable creation of new dApps using its protocol. Project team updating project as per need of market and also one of the key project that lies in the top 50 largest crypto list.