There are thousands of cryptocurrencies in the market and hundreds of blockchain-related projects. Some of them are well-known, like Bitcoin and Ethereum. Most crypto users focus their attention on those big players. But other coins and projects, although less popular, are also essential to advance and bolster the technology of cryptocurrencies. That is the case with the 0x protocol and its ZRX token.

In this article, we survey the ZRX cryptocurrency and its use. We emphasize the ZRX price prediction for the coming years to assist investors in making decisions regarding this digital asset.

What Is 0x ZRX Coin?

0x is a protocol that allows for the decentralized exchange of ERC-20 tokens and other assets on the Ethereum network. For this purpose, the 0x protocol utilizes several open-source smart contracts. To foster trust among users, the said smart contracts are publicly auditable. Developers can easily integrate this exchange protocol into other products. For its part, ZRX is an ERC-20 utility token powering the 0x protocol. For instance, transaction fees are paid with this cryptocurrency. Network relayers also get rewards in ZRX.

ZRX coin Overview

According to CoinMarketCap, ZRX was the 157th most valuable cryptocurrency by market capitalization as of February 17, 2023. There is a maximum supply of one billion ZRX tokens, of which nearly 847.5 million are already in circulation. Other prominent data for this token are summarized below.

Coin Name	0x
Coin Symbol	ZRX
USD Price	$0.2625
Market Cap	$222,473,798
24h Trading Volume	$25,903,796
Maximum Supply	1,000,000,000 ZRX

Tracing the Old Path: ZRX Token History

Trading data from CoinMarketCap indicate that ZRX entered the general market on August 16, 2017, at $0.22. For the remainder of 2017, this token’s price slightly fluctuated around this value. But in 2018, the ZRX price skyrocketed, reaching its all-time high on January 9 at $2.53. Despite this tremendous rally, this token's price dropped in the following months, going a bit over $0.4 on March 17. There were several consecutive up and downs in the price, but ultimately ZRX traded slightly over $0.3 by the end of that year.

For most of 2019 and 2020, the ZRX price remained below $0.4. In 2021, this token’s price skyrocketed again, reaching $1.8 on February 12. Two months later, on April 13, ZRX traded at nearly $2.3. However, the price was around $1.3 on April 25. On May 6, this token sold for a little over $2. However, ZRX could not keep that price level and closed 2021 at around $0.8. The ZRX price declined further in 2022, remaining below $1 the entire year. In November and December, this token traded below its initial value of $0.22.

The ZRX token opened in 2023 at approximately $0.15. The price has been slowly climbing. As of February 17, 2023, ZRX traded at around $0.26.

ZRX Coin Technical Price Analysis

ZRX has had an interesting price history. In 2018, this token showed its potential as a profitable investment. Something similar happened in 2021. However, because of the generalized bear market of 2022, ZEX trades at nearly -90% below the all-time high price of 2.53 in 2018.

However, in the few days of 2023 (until February 17), this token has increased its value by approximately +73%. It is a reasonable growth rate considering the crypto market's adverse conditions. Most investors wonder whether ZRX will continue expanding its value during 2023 and the coming years. To answer this question, let us look at the following ZRX coin price prediction.

ZRX Coin Price Prediction for 2024

In 2024, the average ZRX will be $0.5 and the maximum $0.6, according to PricePrediction. For its part, DigitalCoinPrice predicts an average of $0.61 and a maximum of $0.64. CryptoNewsZ is slightly more optimistic, with an average price of $0.65 and a maximum of $0.75. You might reap a maximum gain of +188% in 2024.

ZRX Coin Price Prediction for 2025

2025 will mark a turning point for ZRX. That year, this token will be back on track, and its price will continue to increase. PricePrediction expects an average ZRX price of $0.73, with a maximum of $0.86. For its part, CryptoNewsZ forecasts average and maximum prices of $0.85 and $0.89, respectively. DigitalCoinPrice has a slightly more optimistic prediction, with an average ZRX price of $0.89. Accordingly, the ZRX price could reach a maximum of $0.92, representing a maximum gain of nearly +254% if you purchase it at its current value of $0.26.

ZRX Coin Price Prediction for 2030

There has yet to be a consensus about how the ZRX price will evolve in the long run. CryptoNewsZ predicts an average price of $2.3 in 2030, with a possible maximum of $2.55. It means a new all-time high will be set that year, shattering the $2.53 value reached on January 9, 2018. DigitalCoinPrice has a similar forecast, with average and maximum prices of $2.65 and $2.7, respectively. For its part, PricePrediction forecasts a much more optimistic scenario. Accordingly, ZRX will trade at $5.3 on average in 2030, possibly reaching $6. If the last prediction is correct, you could reap a gain of more than +2,207% that year by purchasing ZRX at its current price.

FAQ

Is ZRX coin a good investment?

It is not easy to determine whether ZRX is a good long-term investment. This token performed well in 2018 and 2021. However, it has exhibited poor performance in other years. Price predictions are encouraging, though. If the price predictions discussed in this article are correct, investors could be rewarded with significant gains by investing in this token.

How high can ZRX coin go?

Nobody knows, but PricePrediction expects the ZRX token to trade at an average of $12 in 2032. Accordingly, the ZRX price could reach $13.5 that year.

Should I invest in ZRX?

Only you can answer this question. It is advisable to research this token thoroughly before you invest in it. Also, consider the risk of such an investment. As a rule, only invest what you can afford to lose. If you choose to purchase this digital asset, you can do it on LetsExchange.io at competitive rates. It is easy and safe without mandatory registration.

Disclaimer

Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.

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