Ox Price Prediction 2022, 2023, 2024, 2025: Will ZRX Price Moon-Shot By 2X?

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 for functions.

ZRX price went parabolic over the years and eventually regained the lost position after a pretty long gap. With the notable change, Ox successfully attracted many which aided the price surge.

Are you one of the many who have been waiting for one such run, but doubtful of its possibility? This write-up will illustrate the feasible price predictions for 2022 and the years to come!

Overview

Ox (ZRX) Price Prediction

ZRX Price Prediction For Q4

If the makers of the protocol make hay while the sunshines, amidst the optimism of the fourth quarter. By releasing community building initiatives and necessary amendments. The growing userbase might help push the price to a maximum of $0.3282. 

However, if the network comes across negative criticism, the bears might haunt the price down to the local lows at $0.2310. Considering the bullish and bearish targets, the average price might settle at $0.2767. 

Ox Price Forecast For 2023

If Ox rolls out upgrades to improvise transaction speed and thrives to become more reliable. Then we can expect a huge spike in price action. On an extremely bullish case, the ZRX price would hit a maximum of $0.5957 in 2023. The average and minimum possibilities are being $0.4370 and $0.2982. 

ZRX Price Forecast For 2024

By the end of 2024, the cryptosphere might revolve around diverse sectors such as Defis, DAOs, NFTs and metaverse. As Ox comprises DeFi blocks its price may intensify further and may result in attaining more users as well as investors. Therefore, the altcoin might surge to a maximum of $0.9820. However, emerging rivals and stiffer competition could leave the price at $0.5013. Constrained by a linear price propulsion, the regular price might land at $0.7715.

Ox (ZRX) Price Prediction For 2025

If the protocol focusses on adhering to its vision, and rolls out its developments around Ox governance. The price of ZRX might hit a maximum of $1.5790 by the end of 2025. Conversely, if the market witnesses a crash resulting from a possible financial crisis, or regulatory clampdowns. The price of the altcoin might tumble down to $0.8103. That said, a balance in buying and selling pressures will land the price at $1.1836. 

CoinPedia’s ZRX Price Prediction

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. As per Coinpedia’s formulated ZRX price prediction. It might gain more investors as it facilitates the developers to build its platform. By the end of 2022, ZRX is expected to reach as high as $0.3. In contrast, bearish trends might bring it down to $0.2. 

Market Analysis

What Is Ox (ZRX)?

ox project 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 for functions. 

The Ox protocol has its own native token ZRX, an ERC–20 protocol. The token can be used in conducting an off-chain order book and facilitating user-facing applications. That illustrates the information and enables traders to create, fill and call transactions.

Further, ZRX tokens can also be utilized to take part in the ecosystem’s governance. Assisting holders to advise and voting on changes in upgrades of the platform. 

Company Details

ox project

• Crypto / Blockchain Solution

The Ox Project is a professional-grade liquidity aggregator that enables the future of Defi applications. The platform offers secured and audited smart contracts, comprises freely composable defi blocks, and builds a protocol that needs liquidity and exchange for the functions. The platform was created by Amir Bandeali and Will Warren in 2016 and is headquartered in the United States.   The platform envisions a world in which all the forms of value are leveled out in public and that will also include fiat currencies, stocks, bonds, commodities, debt instruments, real estate, video game items, digital collectibles, software licenses, and much more.    

Fundamental Analysis  

ZRX is an open-source blockchain protocol that allows the 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.

The Ox platform was the brainchild of Will Warren and Amir Badeali, ZRX supports both fungible and non-fungible tokens. The co-founders are currently serving the platform, Will Warren as Ox’s CEO, and Amir Bandeali as CTO.   

The network was introduced after the successful accomplishment of the initial coin offering (ICO) in 2017. Where it raised a whopping $24 million in the capital. Now their dedicated team consists of over 30 developers comprising of engineers, researchers, and designers. Who serves to update the network and keep it running without bugs.

Historical Market Sentiments

2017

• ZRX made its existence in the crypto market on 17th August 2017 with a trading value of $0.22. 
• The price climbed to $0.44 within some days and was further reduced to $0.17 by early November. 
• 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 ATH by mid-January. 
• Later, the bulls started to drag the prices down and ZRX sank to the lowest price of $0.44. But 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 2018.

2019

• ZRX resumed 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, 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 for $0.19. The price steadily recovered to $0.32 by mid-February and further plunged to the lowest price of $0.14 by mid-March. 
• 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. 

2021

• ZRX commenced the year 2021 with a trading price of $0.35. 
• Later the bulls entered the market and the price of the altcoin portrayed an impeccable flight to $2.199 by the 4th of February.
• After weeks of volatility, an uptrend helped ZRX claim its local top at $2.389 by the 13th of April. Failing to sustain, the crypto asset took a plunge to $1.35.
• The market-wide liquidations, led to a downswing. Which stopped on the 21st of July, when ZRX hit its price mark of $0.556. 
• Thereafter, a steady ascend took ZRX to $1.3 by the 6th of September. The crypto asset then hovered between $1.141 and $0.816, until the 29th of October. 
• By the 3rd of November, ZRX’s price climbed to $1.32. But bearish trends in the market dragged the price down to $0.78 by the end of the year.

Comparison

FAQs