0x (ZRX) Might Be The Next Big Thing In The Cryptocurrencies Market

With Coinbase dropping the announcement that it considers 0x (ZRX) as one of its upcoming additions, this cryptocurrency has performed excellently, particularly in comparison to the competition. While Bitcoin (BTC) itself started to rebound lately, the majority of the other altcoins still don’t look like they enjoy the trust of the cryptocurrency investors and are still in doubt. That is not the case with 0x (ZRX).

0x protocol is the underlying technology for more and more platforms

The 0x team of devs has just released the first Developer Update #1 and will be releasing more such updates shortly. As the title implies, the new update is meant for people who are actively developing DApps over the 0x protocol. They have also forwarded V2 contracts to Kovan Testnet and declared their total support for Semantic Versioning.

DDEX, run ning on 0x protocol, has just launched a bug report program to motivate third-party software devs to verify the code and identify any possible security flaws. Identifying critical bugs will earn the discoverer a reward of $10,000. Also, discovering minor bugs would also be rewarded at a reduced bounty.

Weswap, another DEX launched recently on the 0x protocol, is a fast peer-to-peer crypto tokens exchange platform that allows users to trade Ethereum-based crypto tokens in an entirely decentralized way.

0x (ZRX) becomes stronger and stronger, also backed by the bullish cryptocurrencies market

The 0x team will also support NIFTY, a meeting that will encourage the involvement of people who are interested in blockchain games and collectibles. The devs teams can battle each other creatively applying the 0x protocol and the team building the most ground-breaking game/collectible model will win rewards in 0x (ZRX) crypto tokens.

The 0x protocol and 0x (ZRX) appear to be stronger than ever, and since the cryptos market goes bullish, the ZRX has all it needs to record more gains. Also, the analysts consider that 0x (ZRX) will perform at full throttle in August.

At the moment of this writing, 0x (ZRX) is trading at $1.05, dropping by about 1.77% in the last 24 hours following the slight downtrend of the cryptocurrencies market, but that’s not something to worry about on the long-run. The ZRX is on the 23rd place in the market, with a market cap of more than $561 million.

You might like

About the Author: Anna Galvez

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.