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0x Price Prediction

Dominikas Pupkevicius
Dominikas Pupkevicius
Dominikas is a content and research writer with over 6 years of experience. He is passionate about blockchain technology and believes cryptocurrency is the future of humanity. Dominikas lives in the countryside with his 3 dogs and enjoys long walks.
February 16th, 2023

0x is a decentralized open-source exchange that facilitates trades between multiple blockchains. The cryptocurrency gained a lot of attraction during the 2021 Bullrun, reaching a price of $2.30 on April 13th. We believe ZRX can reach a minimum of $0.55 and a maximum of $0.94 in 2022.

0x is building an infrastructure to enable the creation of exchanges on its platform. Rather than using on-chain order books, ZRX relies on “Relayers” to manage orders through off-chain messaging. This reduces costs regarding coin exchanges, making us believe this token has the potential to be a staple in the decentralized trading market.

Moreover, the price has dropped significantly, placing it in a great buy range for investors. Currently, the market cap is $464 million resulting in $0.54 per coin. Also, 0x has great tokenomics with a circulating supply of 847,496,054 and a cap of 1 billion.

0x Price Analysis This Week

The price movement highly depends on the fear and greed indicator in the crypto market. As a result, the coin value has been somewhat stable. Find out more about the price analysis this week below:

Latest 0x Price Predictions by Experts

Let’s look at what experts predict the price of 0x will be:

  • Wallet Investor predicts the token will reach $1.03 in 2022 and $2.94 by 2025.

  • Trading Beasts predicts 0x will reach $0.81 in April 2022.

  • DigitalCoinPrice predicts 0x will reach around $0.85 in April 2022 and $0.99 in 2023.

  • Gov.Capital has more bullish projections suggesting the coin will break $1 in April 2022.

0x Price Drop Prediction

0x price has dropped by 76% from its all-time high of $2.50. The significant drop is the result of negative news revolving around the cryptocurrency space and other world events. Unfortunately, most crypto experts like Vitalik Buterin believe the bear market has arrived, so most coins have fallen tremendously.

However, this is great for long-term investors since the reduced prices provide more buying opportunities. I predict 0x will reach $0.20 in 2022 if the crypto market continues to be bearish.

If you would like to learn more, we created the following price predictions:

Long-Term 0x Forecast

The long-term projection for 0x is bullish due to the team and technology behind the coin. Below are the yearly low and high predictions.

YearLowHigh
2022$0.60$0.94
2025$2.05$2.20
2030$12.30$14.39
2035$15.25$17.05
2040$19.56$22.40
2045$27.30$32.90
2050$37.60$47.80

Monthly 0x Price Forecast for 2022/2023

Now let’s have a look at the monthly price forecast for 0x.

USD/ZRX
MonthLowHigh
January$0.43$0.57
February$0.55$0.59
March$0.65$0.72
April$0.67$0.73
May$0.62$0.73
June$0.56$0.72
July$0.76$0.83
August$0.78$0.82
September$0.84$0.94
October$0.63$0.71
November$0.61$0.75
December$0.55$0.67

What Impacts 0x Price?

News:

  • New developments, articles, youtube videos, and news posts can impact the price of 0x.

Roadmap:

  • An updated roadmap is bullish news and usually increases the price for a short duration. The roadmap showcases what to expect from the project, and big updates can help predict huge price swings.

Bitcoin Price:

  • The crypto market follows Bitcoin’s movements heavily. If Bitcoin rises or falls, 0x follows in its lead. You can check the all-time charts of Bitcoin and 0x to verify this point.

0x Users:

  • The platform requires a healthy amount of users for the price to increase. 0x relies on investors using the coin for trading, expanding the market cap and price.

Tokenomics:

  • Currently, the circulating supply is 847 million 0x tokens. However, the total supply is 1 billion 0x, meaning there are still 153 million tokens yet to be released in the ecosystem. This will reduce the coin value since a larger market cap is required to increase the price.

Upcoming 0x Events

The 0x team has released the v4 protocol that adds more features to their platform. Investors can swap NFTs, vote, and more. Also, the 0x platform has recently improved liquidity aggregation, gas efficiency (cheaper fees), and automatic upgrades.

0x Historical Price Changes

Historically, 0x has performed extremely well during bull runs due to the large trading volumes they receive. Here’s a table of the coin’s performance during the past years.

YearHighLowClose
2017$0.89$0.18$0.89
2018$2.50$0.26$0.31
2019$0.37$0.15$0.18
2020$0.73$0.13$0.36
2021$2.32$0.35$0.76
2022$0.97$0.45N/A

0x Price Prediction Chart

0x Vs Ethereum Price Prediction

0x is built on the Ethereum blockchain to utilize its smart contract function. Both coins differ tremendously and provide different products. 0x is a platform that facilitates trades between investors, while Ethereum is a smart contract coin that can be used as a payment method.

Live Price Chart of 0x: USD

FAQs

What will 0x be worth in 2022?

Nobody can accurately predict the price of 0x in 2022 because of bearish trends and other matters. Nevertheless, we predict that ZRX can reach $0.94 in 2022 if these market conditions continue.

Will 0x price go up / go down?

There are several factors that will determine if the price swings up or down. However, we predict the price will increase due to the new features being developed on the platform.

How high can 0x prices go in 2022?

The price of 0x can increase to $0.94 in 2022. Many expert investors predict that the coin will range between $0.80 to $0.98. Some even predict that 0x can reach above $1.00 if the right market conditions are met.

Can 0x reach $10?

ZRX reaching $10 is a high possibility in the future if they continue to improve their platform and increase user numbers. However, $10 in the short term seems highly unlikely due to recent market trends.

Who owns the most 0x?

The founders of 0x Will Warren and Amir Badeali have the most ZRX tokens in their wallets.

Is 0x a good investment?

0x is an excellent investment because they have a great team, solid tokenomics, and a huge following. The platform continues to improve its features, attracting more investors to use its services.

Is 0x a safe investment?

0x is one of the best crypto projects out there, making it a fairly safe investment. Remember that cryptocurrencies are highly volatile, so there is no guarantee that you’ll make significant gains.

Will 0x overtake Bitcoin?

It’s highly unlikely that 0x will overtake Bitcoin since it would need to increase its market cap by $737 billion.

Should I buy 0x now?

0x has dipped significantly from its peak of $2.50. Currently, the price has fallen by 76%, so the best time to buy would be now. Also, historically, it has performed well during bull runs, so getting in this early is amazing for significant gains.

What are the best resources for 0x price prediction?

0x has many helpful resources for price prediction. You can find the best sources below:

What is 0x?

0x is a decentralized open-source exchange infrastructure that enables trades of tokenized assets across multiple blockchains. Developers may create their own applications using 0x’s functions.

Best Brokers to Buy 0x

0x is available on most brokers and crypto exchanges due to its popularity. Below are the best platforms for investing in ZRX.

Other Price Predictions

Below you can find price predictions for other cryptocurrencies:

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Contributors

Dominikas Pupkevicius
Writer
Dominikas is a content and research writer with over 6 years of experience. He is passionate about blockchain technology and believes cryptocurrency is the future of humanity. Dominikas lives in the countryside with his 3 dogs and enjoys long walks.