0x Price Prediction: ZRX Coin Forecast

September 3, 2020

Price Prediction

Sean Korbett

What is 0x (ZRX)?

0x is an open protocol that enables the peer-to-peer exchange of ERC20 tokens. The platform operates on the basis of Ethereum’s network. The 0x project was created in 2017 by Will Warren and Amir Bandeali. The co-founders attracted experienced specialists and raised $24 million during ICO. 

The developers get inspired with imagined a world where all forms of value are tokenized on public blockchains including fiat currencies, real estate, video game items, software licenses, and much more. The main mission of the project is to create a tokenized world where all values can flow freely.

The project has its own initial token – ZRX that allows users to participate in the management of the project by voting on improvement proposals. 

Today 0x is one of the TOP-50 cryptocurrencies by market capitalization.

0x Statistics

Source: CoinMarketCap, Data was taken on 3 September 2020.

0x achievements and future plans

Recently, the project has gone through the following milestones: 

• The project developers focused on liquidity and R&D issues. 

• The team created data pipelines to analyze liquidity across the various DEX solutions and established the 0x Market Maker Program.

• The developers invested in a number of projects including 0x protocol v3, the new ZRX token economics, scalability, and Bridge contracts.

• Presented Asset Swapper which helps to simplify the developer experience of consuming 0x liquidity, allowing developers to treat 0x as a composable building block.

• Launched 0x Mesh a permissionless and censorship-resistant p2p network for propagating 0x orders.

What to expect in the future?

There is no official roadmap of the project, but according to the developer’s announcements on social media channels we can expect that the 0x team will be focused on a new product, 0x API, which aggregates all DEX liquidity from 0x Mesh, Kyber, Uniswap, and Maker’s Oasis. 

0x Technical Analysis

Source: Tradingview, Data was taken on 3 September 2020.

0x (ZRX) Price Prediction 2020

TradingBeasts ZRX price prediction

In October 2020 ZRX may reach a maximum price of $0.8850697 (+62.43%), while it’s the average price expected to be $0.7076654 per coin (+29.87%).  According to TradingBeasts forecasts by the end of 2020, the average 0x price will be $0.7091739 (+30.15%).

Wallet investor ZRX coin price prediction

Wallet investor.com analyses say that there will be a negative trend in the future and the ZRX is a bad investment for making money. The Ox price may drop to $0.239 (-56.14%) by the end of December 2020 while the average price is expected to stay around $0.576 (+5.71%) per coin.

Crypto-Rating Ox coin price prediction

Crypto-Rating says that ZRX is a swing champion so that it may end up in the double-digits green by the end of the year. The long-term holders of 0x shouldn’t worry since the currency showcases a decent all-time ROI, along with healthy market capitalization and daily trading volume.

DigitalCoinPrice ZRX price prediction

According to DigitalCoinPrice 0x (ZRX) price will increase in the near future and it is a profitable investment. By the end of the year 2020, the average price will be $1.34 per coin (+145.92%).

CryptoInfoBase 0x coin price prediction

Based on CryptoInfoBase observations the ZRX coin price increase will not be explosive. Its average price by the end of the year is expected to be $0.5 per coin (-8.24%).

Buy 0x coin at StealthEX

0x ZRX is available for exchange on StealthEX with a low fee. Follow these easy steps:

✔ Choose the pair and the amount for your exchange. For example, BTC to ZRX.

✔ Press the “Start exchange” button.

✔ Provide the recipient address to which the coins will be transferred.

✔ Move your cryptocurrency for the exchange.

✔ Receive your coins!

Follow us on Medium, Twitter, Facebook, and Reddit to get StealthEX.io updates and the latest news about the crypto world. For all requests message us via [email protected]

The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.

September 3, 2020