ZRX Price Prediction in 2021, 2022, 2023, 2024 and 2025

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Preface

This article will give you a comprehensive analysis of the ZRX price prediction specially tailored for traders. There is plenty of room in the cryptocurrency field for standard digital assets like Bitcoin. However, there is also room for coins and protocols to expand and strengthen the technological area. One such cryptocurrency is ZRX.

The 0x blockchain system enables the decentralized exchange of Ethereum-based tokens and assets, where ZRX is delivered. The purpose of 0x and the ZTX token is for developers to establish their cryptocurrency exchange programs. It has a wide range of features, including performing over-the-counter trading of Ethereum blockchain tokens.

What is ZRX

Before entering the ZRX price prediction section, let’s first understand what ZRX is.

Will Warren and Amir Bandeali established 0x in 2016. Will Warren, the platform’s CEO, and Amir Bandeali, the platform’s CTO, continue to serve this exchange system. The network raised $24 million with the help of renowned investment firms, including Polychain Capital, Pantera Capital, and FBG Capital, after a successful initial coin offering (ICO) in 2017.

To comprehend the ZRX crypto, it is necessary first to understand the 0x protocol. Both of them are aim to make the cryptocurrency world revolutionary changes. But there is still much to be worked out and advanced.

Programmed blockchains like Ethereum ushered in a new era for Bitcoin and the cryptocurrency space. What’s more, they introduced new coins and projects that operated independently of one another. However, Ethereum is still the core of many of these projects, there is a semblance of interoperability, and it still requires assistance.

0x, unlike other decentralized exchanges, does not keep track of its orders on the blockchain. Trade settlements take place exclusively on-chain while orders are stored off-chain. This mechanism will make the network less congested and reduce the cost of operating inside the 0x ecosystem. The actual value transfer is the sole portion of the transaction that takes place on the blockchain.

Decentralized exchanges are also a significant leap to the cryptocurrency industry. More users realize the power and security of having complete control over their tokens rather than relying on centralized platforms, which might be prone to hacks and frauds.

The Value of ZRX

ZRX has a market cap of about $965604303 and a complete diluted market cap estimated at $1142416900 while trading at $1.2565 as of September 5th, 2021. Unlike many other Ethereum decentralized exchange protocols, the 0x supports both fungible (ERC-20) and non-fungible (ERC-723) tokens simultaneously. That means ZRX can be the medium for permissionless trading of a wide range of assets. It also enables users to access over a dozen different apps to buy, sell, and swap other forms of Ethereum assets.

Applications including eBay-style markets for digital products and services, OTC trading desks, DeFi protocol exchange capabilities, and plain-old decentralized exchanges can make use of the Ox protocol.

On the one hand, 0x can create products where asset exchange is a secondary feature, such as in-game purchases and portfolio management tools. On the other hand, 0x may also be used to create very flexible exchange products.

The 0x protocol strives to incentivize market maker (relayer) liquidity and liquidity takers to pay a fee in ZRX tokens. Users must also pay a protocol fee in Ether (ETH) to cover the cost of the gas consumed in any transactions they complete. Since Ox is an open-source protocol, it does not receive any of this money. Instead, it is sustained by ZRX tokens unlocked to team and developer incentives and its initial ICO investment.

The 0x protocol strives to incentivize market maker (relayer) liquidity and liquidity takers to pay a fee in ZRX tokens. Users must also pay a protocol fee in Ether (ETH) to cover the cost of the gas consumed in any transactions they complete. Since Ox is an open-source protocol, it does not receive any of this money. Instead, it is sustained by ZRX tokens unlocked to team and developer incentives and its initial ICO investment.

ZRX’s Price in The Past

Before carrying out ZRX price prediction, let us analyze its history to get a comprehensive view of its performance over the years.

The Price of ZRX in 2017

Open price: $0.111725 Close price: $0.917265

ZRX started trading on the 16th of August. Luckily, ZRX is another cryptocurrency that benefited from the late 2017 and early 2018 ICO (Initial Coin Offering) frenzy and altcoin euphoria.

The ZRX project launched its initial coin offering (ICO) in August 2017 and raised $24 million by selling 500 million of the one billion tokens generated. Following the ICO, the token’s price soared to $0.42 as of 20th August. By 15th October, the position of ZRX had improved significantly to reach $0.2034.

The Price of ZRX in 2018

Open price: $0.917265 Close price: $0.292672

The year was very turbulent; the price surged and fell a few times, indicating that the speculators were in charge. The price was $1.1118 on 14th February. But it still was comparatively better compared to the price of $0.7916 as of 30th June.

However, throughout the course of the year, the 0x protocol team had ample opportunity to put their technologies into practice and maximize the coin’s potential.

In September, ZRX released v2.0 of the protocol that introduced new features, such as the 0x Portal, Non-Fungible Token Support, and increased order matching efficiency. On 15th September, ZRX was trading at $0.5878.

The Price of ZRX in 2019

Open price: $0.292668 Close price: $0.180059

At the beginning of the year, ZRX was off to a good start recording an increase in its mining rewards. The prices managed to maintain a reasonable price above the $0.20 hurdle, which was enough proof. On 16th March, ZRX was trading at $0.3620. This promising start was just the tip of the iceberg. The price rose in mid-season of the year it registered maximum profits.

It was mainly due to boosted trend experienced in May of that year that saw the ZRX prices increase steadily. The whole of May had all the prices above the $0.30 price.

However, a bear market led to a reduction in prices dominated the remaining part of the year. On 7th August, the coin traded at $0.1994, which was the first price below the $0.20 mark. This dismal price carried on into September. On 20th September, the coin attempted a comeback, trading at $0.2268. As of 11th November, the ZRX was trading at $0.3080.

The Price of ZRX in 2020

Open price: $0.180340 Close price: $0.355500

As of 28th February, the price was at $0.2373. On 30th June, the price stood at $0.3358. The Covid-19 pandemic that was affecting the whole world was the main reason behind these dismal prices.

The price of the ZXR coin on 31st October was $0.3225. In late 2020, the euphoria surrounding DeFi and crypto helped ZRX break out higher, while it has remained strong well into 2021, pricing at $0.59 per ZRX coin.

The Price of ZRX in 2021

Open price: $0.355500 Close price: $1.201868

On 31st January 2021, ZRX attained the high price of $0.7801. Later on 12th February, the price improved to $2.0062. This good tide was due to the bullish moment experienced by the whole crypto market.

On 1st May, ZRX was still on an upward trajectory, attaining the price of $2.0173. This price stayed more or less the same till 8th June, when it traded at $0.9676.

ZRX traded below $1 till 8th August, but then it improved to $1.0433. This good streak continued throughout September.

ZRX History Price Summary

The chart below is the detailed history price of ZRX from 2017-2021.

Date of YearHighest PriceLowest Price
2017$0.940943$0.104366
2018$2.503040$0.260000
2019$0.396440$0.150200
2020$0.970000$0.126001
2021$2.397994$0.351528
The Price History of ZRX

The Price of ZRX in The Future

FAQ about ZRX Trading

First of all, unlike Bitcoin or other cryptocurrencies, ZRX is a token instead of a crypto coin. The most significant differentiation between crypto coins and tokens is that cryptocurrencies have their blockchains. In contrast, the crypto token is built on an existing blockchain. Therefore, the token can be more violated compared to the blockchain native coin.

ZRX Price Prediction in The Rest of 2021

ZRX Price Prediction
The Regression Trend of ZRX in 2021

After a hard landing in Q2 2021, ZRX was back in a regression channel. Since late June, the price went up with mild fluctuations around the baseline. There were several attempts to strike the upper edge, but it retreated in the tunnel. As a result, we predict that the price will stay between 1.095 and 1.600 for the rest of 2021.

ZRX Price Prediction in 2022

According to the data from Wallet Investor, the ZRX will trend further to $1.96 by the end of the year. It should be a “very good” long-term investment, they said.Another price forecast provider gave out a more optimistic guess. They suggested the price will rally further to reach an average of $2.23 in 2022.

ZRX Price Prediction
0X Price Forecast from 2021 to 2028

Another price forecast provider gave out a more optimistic guess. They suggested the price will rally further to reach an average of $2.23 in 2022.

In summary, the price of ZRX in 2022 will highly possibly rest from $1.5 to $2.5.

ZRX Price Prediction in 2023-2025

ZRX Price Prediction
The Price Comparison of BTC and ZRX

From the chart above, we can see that the price of ZRX has correlated to the Bitcoin position since 2020. As mentioned above, ZRX is a kind of crypto token, while Bitcoin is one of the cryptocurrencies. Therefore, the history fluctuations of ZRX are more significant than the BTC one. You may get more info from the article on Bitcoin price prediction.

In short, we believe the ZRX price will stick in the zone between $2 and $4.5 in the mid-term period.

ZRX Price Prediction from 2026 to 2030 and Beyond

Like most of the cryptocurrencies, ZRX has a limited coin supply of 1 billion. Right now, there is a total of 845,496,054.80 or 85% ZRX in circulating supply. When all the tokens are issued, the value of ZRX will begin to rise. However, ZRX has only 0.04% market dominance of all crypto trading, ranking 117 now. It’s pretty hard for ZRX to affect the crypto market. Conversely, the price of ZRX is hugely determined by the supply and demand of other cryptocurrencies.

In conclusion, we predict the price of ZRX will swing from $3 to $10 in the mid-long term of 2026-2030.

FAQ

How and Where to Buy ZRX

Coinbase Pro, Binance, BitMEX, and Bexplus are some exchanges where you can buy ZRX. These are just some of the over 200 different exchange platforms where you can trade ZRX. ZRX may now exchange to a variety of other cryptocurrencies, including Bitcoin (BTC), Tether (USDT), and Ethereum (ETH), as well as fiat currencies such as US dollars (USD), Euros (EUR), and South Korean won (KRW).

How to Invest in ZRX

Using Bitcoin purchased on another exchange, buy 0x on Binance.
In the ‘price’ box, type the amount you wish to pay for 0x (in Bitcoin). Then, in ‘amount,’ enter the quantity of 0x (ZRX) you want to buy. Bitcoin is the primary currency of the order. Select ‘purchase ZRX’ from the drop-down menu.

How High Will ZRX Go

The ZRX price will reach $1.89 in July 2024, $2.17 in July 2025, $2.45 the following year, and $2.21 in July 2027. The price of Bitcoin will rise to $3.14 in July 2028 before falling to $2.92 in December of the same year.

How to Short ZRX

You can short ZRX by borrowing some ZRX that you don’t already own from somebody who does, then sell it in the market, hoping to repurchase it at a lower price. Several online cryptocurrency exchanges offer margin facilities to enable that borrowing.

Should I Invest in ZRX

In 2020, ZRX was probably not the best cryptocurrency investment a consumer can make. In 2020, the coin did not perform well, and other coins such as Bitcoin, Litecoin, Ethereum, Ripple, and EOS are the ones to watch.

Conclusion

ZRX is a crypto token that now runs at a relatively low price. If you are a long-term investor, no doubt it would be one of the best choices for you to trade in now. For short-term investors, they may read the price prediction of ETH and the price forecast of BTC.