Knock, knock.
Who’s there?
It’s 0x [ZRX].
0x [ZRX], who?
0x-my-god, ZRX rallied by 41.05% in a single day.
While ApeCoin [APE] and Dogelon Mars [ELON] saw some formidable price increases in the past few days, the ERC-20 token trading at $1.03 at press time wasn’t exactly a memecoin. In fact, 0x described itself as a “liquidity endpoint” for DeFi. Throughout the course of the day, ZRX shot from $0.7 to highs of about $1.1.
So, what’s the punchline?
Earlier in the day, Santiment shared that ZRX’s breakout was noted by whales, who made over 50 transactions worth more than $100,000 in the space of eight hours.
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