Price Prediction

Ox Price Prediction: Will ZRX Price Go up or Crash?

Ox is an open-source protocol that promotes the peer-to-peer exchange of Ethereum based assets. It offers secured and audited smart contracts. It comprises freely composable Defi blocks and builds a protocol that needs liquidity and exchange to functions. 

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This article implies providing you the complete information on Ox price prediction for 2021 and beyond. Let’s see how high the ZRX price could reach.

Overview

CryptocurrencyOx
TokenZRX
Market Capitalization$1,14,93,53,130
Circulating Supply75,03,06,451 ZRX
All Time High$2.53 (January 09, 2018)
All Time Low$0.1040 (August 16, 2017)

What is ZRX?

ZRX is an open-source blockchain protocol that allows decentralized exchange of tokens and assets issued in the Ethereum blockchain. ZRX is used to induce users to host and maintain order books for Ox markets. It is a digital token used to pay Relayer fees and to participate in the governance of the Ox protocol.

Will Warren and Amir Badeali are the creators of Ox.

ZRX Technical Analysis

2017

ZRX made an existence in the crypto market on 17 August 2017 with a trading value of $0.22. The price climbed to $0.44 within some days and further reduced to $0.17 by early November. Significantly, Ox incited an upward trajectory as it recognized in the market. Effectively, the price rose to $0.72 at the end of December to close the year 2017.

2018

On a bullish note, ZRX continued the year 2018 with a price of $0.96. Later with a price surge the token progressively hit $2.53 to record an all time high by mid January. Shockingly, Ox failed to be stable and the price declined to $1.42 within a few days. Further the price resisted at $1.98 by the end of January.

 Later, the bulls started to drag the prices down and ZRX sank to the lowest price of $0.44 and effectively surged to $1.82 by mid May. With certain variations, the token again dropped to $0.48 in September and continued to recover after. Further the ZRX sloped to as low as $0.31 to end the 2018.

2019

ZRX reumed the year 2019 with a trading value of $0.31. With certain price inequalities, Ox shockingly slumped to $0.16 by September as the bear’s acquaintance. The token did not perform well after and hovered between $0.18 and $0.26 for several days and ended the year 2019 with an exchange value of $0.19.

2020

ZRX entered the year 2020 at a cost of $0.19. The price steadily recovered to $0.32 by mid-February and further plunged to the lowest price of $0.14 as the crypto market crashed due to the Covid-19 outbreak. Later with a certain recovery, Ox progressively moved to $0.71 by August and again slid to $0.32 by November. The currency traded at $0.35 by the end of December to conclude the year 2020. 

ZRX Price Prediction 2021

On a bearish note, ZRX commenced the year 2021 with a trading price of $0.35. Later the bulls entered the market and surprisingly the price started to escalate as the token initiated an upward trajectory. Further the token is assumed to increase if it continues to be in a bullish rally. The currency may attain more investors with upgradation of its wallets and platforms. By the end of 2021, ZRX might hit the high price of $8.

Ox Price Prediction 2022

Ox might proceed in the year 2022 at an amount of $8.5. The price may escalate further, if the community concentrates on promoting the platform and works on the software upgradation. 

The price might decline if it fails to attain the minds of the marketers. At the end of 2022, ZRX might be exchanged at $19.55.

5 Years ZRX Price Prediction

In the next 5 years, ZRX might succeed in conquering the market and compete with other altcoins available in the sphere. As it comprises DeFi blocks its price may intensify further and may result in attaining the more users as well as the investors. By the end of 5 years, ZRX might reach the highest value of $45. 

ZRX Market Prediction

Markets have a completely different opinion on the ZRX price, let us know what the marketers are thinking about Ox.

  • CoinArbitrage

According to CoinArbitrage, Ox price could be $1.14350 by the end of 2021 and in the next three years, the highest ZRX price would be $8.18324 and the lowest could be $0.70668.

  • WalletInvestor

According to WalletInvestor, Ox is a good investment for the long term and it is assumed to be traded at $2.109 at the end of 2021 and $4.5333 by 2025.

  • DigitalCoinPrice

According to DigitalCoinPrice, ZRX would trade at an average price of $2.46 at the end of 2021 and could reach $4.66 by the end of 2025.

Our ZRX Price Prediction

ZRX preceded the year 2021 with a bullish cycle by trading at $0.35. Further with the bull’s acquaintances, the token started to surge. Ox is anticipated to accumulate as it is built on the Ethereum network and its price might consistently increase if the value of Ethereum escalates. It might gain more investors as it facilitates the developers to build its platform. By the end of 2021, ZRX expected to reach as high as $9.

FAQ

Can ZRX be halved?

No ZRX cannot be halved neither mined.

Is ZRX a profitable investment?

Yes, ZRX might be a profitable investment if you are planning to invest for the long term.

Is ZRX an ERC-20 token?

Yes, ZRX is an ERC-20 token built on Ethereum blockchain. 

Which is the consensus mechanism used by Ox?

Ox uses the Proof-of-Stake consensus mechanism.

Where to trade ZRX?

ZRX can be traded at the popular exchanges like Binance, Coinbase Pro, Bithumb, VCC Exchange and many more.

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Delma Wilson

Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. She likes pets and shares her free time with NGO.

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