Note that this article doesn’t provide investment advice and should be used for educational purposes only.
Initially Bitcoin was seen as an alternative to or even an enemy of the banking system, centralization, and financial institutions. However, many of the newer projects turned out to be more than tolerant towards centralization, lack of privacy, and other things Bitcoin was aimed at removing. Centralized crypto exchanges, compliant with the regulations and therefore collecting the users’ personal data, banking blockchains, and other projects became real despite the initial impulse of cryptocurrencies to bring back control to the individuum.
However, some of the leading blockchain projects remained close to the roots. 0x is one of the projects that provides a decentralized ecosystem for exchange of cryptocurrencies based on different blockchains. This article reviews the 0x protocol, observes the price of the 0x native token ZRX in the past years, and predicts the ZRX price for 2024, 2025, 2030, and other years.
What Is 0x (ZRX)?
ZRX is an ERC20 token, serving as a governance token of the 0x protocol. 0x protocol facilitates decentralized trading of ERC20 tokens and tokens based on other blockchains. The ZRX holders have the power to direct the future development of the 0x platform. Also, ZRX tokens are used to pay fees that go to marker makers.
The protocol is based on a combination of open-source smart contracts that provide seamless exchange of the assets. 0x is used for building decentralized apps, including wallets, exchanges, and portfolio trackers.
0x is notable for support of both ERC20 and ERC723 token standards. The latter is better known as non-fungible tokens or NFTs. With 0x, users can trade NFTs without having to provide personal data to any side entity.
More than that, as 0x is used for building various apps, it facilitates apps for trading real-world goods as well. OTC trading platforms, DEXs, and DeFi protocols are supported too. Users can choose the trading app that fits their needs the best.
The current CEO Will Warren and the current CTO Amir Bandeali founded 0x in 2016. 0x went live after the 2017 ICO campaign that raked $24 million.
Soon, ZRX became one of the popular tokens on the market while 0x got much attention for its innovations. ZRX is available on most of the biggest crypto exchanges.
0x (ZRX) Price Prediction for 2024, 2025, 2027, 2030, 2035, 2040
As of October 9, 2024, the ZRX price is $0.315. According to CoinMarketCap, the ZRX market cap ranks $180s at $267 million. In the table below you can see the 0x token (ZRX) price prediction for 2024, 2025, 2027, 2030, 2035, and 2040. The prediction is based on the combination of tech and fundamental analysis. Under the table you can learn some details about the future price for each mentioned year.
Year | Price Prediction | ROI of your investment (if you buy the coin now) |
2024 | $0.385 | 22.22% |
2025 | $0.51 | 61.9% |
2027 | $1.04 | 230.16% |
2030 | $3.4 | 979.37% |
2035 | $27 | 8,471.43% |
2040 | $211 | 66,884.13% |
2024
The slow and shaky ZRX price ascension reflecting the similar trajectory of the BTC price will eventually lead it to a nearly 40 cents per token zone. The trend started in September. By the end of 2024, the ZRX price will be around $0.385 and will continue to grow in the next year.
2025
2025 doesn’t hold pleasant surprises for the crypto investors. ZRX, however, will finish the year with a higher price than at the beginning of the year. However, it should be noted that the growth won’t be that huge. By the end of 2025, the ZRX price may pass the 50 cents line.
2027
In the following years, the ZRX token will be gradually growing as 0x will continue to deploy and realize its roadmap, and the number of successful projects built via 0x will keep on increasing. Without serious price spikes, in two years after 2025, the ZRX price will finally cross the $1 mark for the first time since 2024.
2030
2028 will be a notable year for the crypto market. The reason is pretty simple: in 2028 Bitcoin mining reward will reduce by 50%. This event happening once every four years traditionally triggers the fast BTC price growth and the rest of the crypto market soars as a result. ZRX will gain price in 2028 too. Although the following years will see a correction, the average ZRX price will stay above the pre-2028 level. By the end of 2030, ZRX will be traded at $3.4.
2035
We don’t know much about the state of the cryptocurrency market in the 2030s. We consider that another Bitcoin halving will spark the market in 2032 and that in general cryptocurrencies will become more mainstream in the 2030s. As 0x is already a significant player in the industry and serves as a basis for various side products, it will continue to expand. It will trigger the ZRX price to go higher. By the end of 2035, ZRX will reach around $27.
2040
In 2040 ZRX will cross the $200 threshold.
0x (ZRX) Price Analysis for the Past Several Years
The table below shows the ZRX price for the past several years. You can learn the main milestones of the ZRX price with reasons for the price shift indicated in the right column.
Date | Price | Why the price dropped/rose to this level (what influenced the price change) |
Oct 17, 2017 | 22 cents | On the first day on the market, ZRX was traded at 22 cents per unit |
Jan 13, 2018 | $2.5 | ZRX hit the market in the days when the entire crypto market was going through an unprecedented bull run. Some call this period an ICO bubble. Like many other cryptocurrencies, ZRX reached its all-time high in January of 2018. While many leading cryptocurrencies have outgrown the January 2018 prices in the 20s, ZRX is yet to top the $2.5 mark reached on January 13 |
Feb 14, 2019 | 23 cents | In the remainder of 2017 and throughout 2018 ZRX has been going back and forth between 30 cents and 2.5 dollars. After four declining $1+ peaks (between January and October of 2018) the price finally dropped to 23 cents on February 14. Bitcoin has been going through similar patterns. This period was known as a crypto winter. It was caused by a series of bans of cryptocurrency operations in several countries, ban of crypto ads on Facebook and Google, and a number of other events |
Mar 13, 2020 | 12 cents | For months the ZRX price was fluctuating between 20 and 30 cents. However, in March of 2020 the panic sale related to the COVID news led to the greatest downfall of cryptocurrencies on March 13. This day ZRX reached its all-time low at 12 cents (only to rebound and head up for new heights) |
Apr 14, 2021 | $2.32 | 2021 was a very positive year for the crypto market. Elon Musk was promoting crypto on Twitter, the NFT market was booming, Ethereum was preparing for the transition to proof-of-stake, El Salvador became the first country to make Bitcoin a legal tender, etc. In 2021 the market peaked in April and November. ZRX reached year maximum in April at $2.32 |
Dec 30, 2022 | 15 cents | After November 2021 the crypto market declined severely. Cryptocurrency platforms lay off employees or go bankrupt, several popular stablecoins lose their peg, etc. At the end of the year, ZRX nearly hit its all-time low again |
Mar 17, 2024 | $1.35 | The crypto ETF hype triggers the bull run. While some cryptocurrencies, including Bitcoin, hit their biggest prices in March of 2024, ZRX enjoys a moderate growth, peaking at $1.35 |
Oct 10, 2024 | 30 cents | Soon after the spring bull run, ZRX dipped to 30 cents. As of October 10, the ZRX price is 30 cents |
As you can see, one of the distinctive characteristics of the ZRX price is that it is not as volatile as the rest of the crypto market. ZRX was traded at 22 cents in 2017 and by 2024 the price has grown only by around 10 cents. There were peaks and troughs though but most of the time ZRX has been leaning towards the 25 – 30 cents interval.
Q&A
Is ZRX a good investment?
We can’t provide investment advice. We can state that as of October 2024, the sentiment towards ZRX is bullish.
What will be the ZRX price in 10 years?
In ten years (in 2034) the ZRX price may reach around $18.
Should you buy ZRX now?
As of October 10, 2024, the price of ZRX is pretty low. However, it is still higher than it was in many instances. Before you decide to enter the market. Use analysis tools to find the best moment to enter the market.
Conclusion
ZRX seems to have a strong potential. The currency is supported on most crucial crypto exchanges. The price is relatively stable. The 0x platform is growing too. In ten years ZRX may gradually gain a $18 price.
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