ZRX recently announced atomic exchange of tokens based on its community decision, the main goal of which is to integrate MultiAssetProxy into the 0x protocol. ZRX was created to ensure that decentralized exchanges could represent each asset through proper tokenization, which could include paper currencies, digital assets, and even gold.
According to the ZRX algorithm, each order must pass through the blockchain itself, and the fee for each transaction will also be excluded.
ZRX or 0x protocol is aimed at reducing transaction overloads, which helps to increase reliability when working with a decentralized exchange (DEX). Currently, 0x (ZRX) is trading at $ 0.2731 with a ZRX price of 3.6% today. The market capitalization of 0x is 160,512,187 USD, currently 587,710,997 ZRX is circulating.
The 24-hour price chart shows that ZRX was trading at $ 52,498,604. Over the past 24 hours, the price reached a maximum of $ 0.2917, and the lowest price was $ 0.2631.
0x opened its doors when it allowed a protocol without access rights, where ERC20 tokens can be transmitted via the Ethereum blockchain.
What is 0x (ZRX)?
0x is an open protocol that includes Ethereum smart contracts, which is designed to provide a Decentralized Exchange (DEX) as part of the Ethereum blockchain.
The two co-founders, Will Warren and Amir Bandeali, created the ZRX to create a trustexchange for users that would include all types of assets in the transaction, be it gold, digital assets or paper assets.
They are aimed at eliminating the inefficiency of decentralized exchanges, as well as the inability of various exchanges to work together. With the 0x protocol, the process becomes significantly faster and at the same time the transaction fee is eliminated.
Market forecast for ZRX price in 2019
The market seems to be very enthusiastic about the ZRX and its uniqueness, as well as how it can grow in the future. Let’s see what the experts think about the ZRX and its growth in the future:
# 1 Crypto Ground
Crypto Ground believes that the ZRX works well and could reach $ 0.3664 by the end of 2019, and by 2020 – $ 0.5905. They even gave a forecast for a long-term forecast and forecasts that by 2025 0x could reach $ 2.4950.
# 2 Trade Animals
Trading animals have a very optimistic outlook for the ZRX, where they believe that 0x could reach $ 0.94 and $ 0.64 by the end of 2019. Their forecasts even state that in 2020 it will not increase, since the end of 2020 prices may be similar to prices of the end of 2019. They believe that by 2021 there is a chance that the ZRX will reach $ 1.
# 3 Digital Coin Price
Digital Coin Price is also one of the cryptocurrency forecasting websites, which predicted that by the end of 2019 ZRX could reach $ 0.4238.
# 4 Coin News Telegraph
The Coin News Telegraph is very optimistic about the ZRX and claims that the ZRX could reach $ 1 by the end of 2019 and $ 2 by the end of 2020.
# 5 Purse Investor
Wallet Investor, on the other hand, gave a pessimistic outlook compared to others. They predicted that by 2019, the ZRX could drop to 0.129 dollars.
Our price prediction verdict is 0x 2019
The ZRX community now hopes to get high support from South Korean investors for new listings. Even the 0x protocol is ready to launch the second version of its protocol, which will provide decentralized exchanges for various products and services.
More recently, the ZRX project has launched new legal resources for its developers, which will help to better understand the legal issues associated with the 0x protocol. Jason Somensatto, strategic counsel for the 0x team, also urged the ZRX community to send inquiries on legal issues and plans to also have a legal wiki and library.
These events gradually lead 0x to the investor’s best and “favorite” digital currency. By the end of 2019, the ZRX can take to the air and reach $ 2,732, which is possible only if the ZRX continues its development.
Price forecast ZRX 2019
2019 seems like a good year for ZRX, in which 0x launched a new program aimed at providing crypto liquidity online, known as the Market Maker program. Each user receives a reward that succeeds in creating automated liquidity solutions, with a reward of up to $ 15,000.
This can be seen as an increase for ZRX users, as the reason why the cost of the ZRX can take off and can reach $ 2.730, which is very optimistic, but possible, since the ZRX seems uncontrollable.
Price forecasting ZRX 2020
ZRX can be successful in order to avoid problems with compliance by 2020, when dapps will work in accordance with the rules in force in its ecosystem.
They even seek to build their data infrastructure to measure the impact of their work on different areas of the ecosystem. Their research team is engaged in innovations in the field of network economics, market design, applying the latest cryptography for scaling and network economics.
After all these areas are passed, ZRX can become one of the best coins with the highest price potential of ZRX. By 2020, if everything goes according to plan, the ZRX is expected to reach $ 5,702, which could be more than a decent price target for the ZRX.
Future forecast ZRX in 5 years
ZRX can rise in market capitalization rankings. Within 5 years, ZRX will become a partner and integration, which will make it a user-friendly digital resource.
After 5 years, the ZRX can reach $ 9,125, which can happen due to the high adoption rate of the ZRX.