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0x Protocol serves what blockchains do best – peer-to-peer exchange of Ethereum-based assets. 0x 0x Labs built the protocol as an open standard for Defi developers seeking exchange functionality.
What Does 0x Protocol Do?
0x Protocol offers:
- Audited smart contracts
- Developers toll to build on the 0x Protocol ecosystem
- A decentralized P2P order book called 0x Mesh
- API for easy access ro aggregated liquidity sourced from a wide expanse of exchanges
ZRX is the native coin and governance token of the 0x Protocol. By staking their tokens, token holders can have a say in the Protocol’s governance and receive ETH liquidity rewards.0x Protocol aims to tokenize all forms of value on public blockchains, including real estate, video game items, software licenses, personal tokens, etc. It is aiming to build a financial system that is free to use and open source code.
Some of the use cases that are being built using 0x are:
- A DEX for X asset on Y market
- eBay style marketplace
- Arbitrage trading bot
- An OTC trading desk
- DeFi protocol for derivatives, lending, and options protocol
0x Protocol can be integrated into in-game currencies, digital wallets, and portfolio management platforms.
Price Performance of 0x Protocol
The 0x Protocol has jumped 231% in the last 14 days and 312% in the last 30 days. Its yearly gains stand at 517%. The 0x Protocol token has jumped magnanimously over the past few weeks, and the bull run doesn’t seem to be ending anytime soon.
Its RSi of 74 shows the extreme bull potential and investor momentum the coin has been witnessing for the past month. All technical signals show strong buy signals.
Why is 0x Protocol Community Exploring Bitgert Coin’s Value?
0x Protocol community has sanctioned the Bitgert token as its next coin with extreme potential for price gains in the coming months. Bitgert has already gained 113% in the past month and looks ready for a price rally. Experts predict the coin will touch the price of $0.0001 in the next few months, which is a multi-bagger dream for any investor.
Bitgert’s ecosystem is expanding at a rapid pace, and its blockchain offers the fastest throughput of 100K TPS, far ahead of Solana and Injective, the forerunners in the L1 blockchain race. Bitgert’s community is 600K strong, and it has a slew of partnerships and collaborations, as well as native offerings for developers to build applications.
Conclusion
0x Protocol has seen a huge rally in the past year. The 0x Protocol community is looking for the next big coin, and they see huge potential in the BItgert token with its strong fundamentals and offerings.
Both coins offer great value and long-term viability as an investment. Have you placed your bets yet?
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