Today may be a victory day for 0x (ZRX) investors when this crypto token posted a jump of over 64%, touching a daily high, $ 1.18.
The latest record is the highest since December 2021.
However, the ZRX still needs a jump of at least 57% to redeem the all-time high (ATH) recorded on January 9, 2018.
Why does the ZRX 'fly' high?
Based on the latest sharing on the official 0x blog yesterday, the ZRX surge has something to do with the collaboration with Coinbase NFT.
Here are the details of the cooperation:
Coinbase NFT chooses the 0x protocol to get low transaction costs.
0x v4 offers gas efficiencies of up to 54%, easing the burden of users and NFT enthusiasts who conduct buying and selling transactions.
For the record, 0x also supports NFT conversion for multi-chains and most token standards.
Coinbase NFT
Coinbase has launched its latest product, Coinbase NFT and for now it is still in beta.
Only certain users are allowed for beta access based on previously registered waiting lists.
So far Coinbase NFT only offers listings of NFT collections developed on Ethereum and purchases made in ether (ETH).
At the time of writing, the ZRX is trading slightly lower from its daily record high, $ 1.07 but still maintaining a jump of over 46% for the 24 -hour period.
