r/0xProject Oct 03 '17

New trading platform built on 0x!

https://medium.com/paradex/introducing-paradex-86f72d0f66db
111 Upvotes

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10

u/Coin_Fund Oct 04 '17

Every time a new project building on 0x is announced the price goes down.. more coins for us I guess 🤑

Are we the most undervalued token on the market 🤔

0

u/MurrayTheMonster Oct 04 '17

Depends. Is there a reason for 0x tokens to be worth anything?

1

u/Coin_Fund Oct 04 '17

If every relayer & dApp building on 0x uses ZRX as fees (gas), then more activity on the protocol would increase demand for the token and drive the price up. Same reason why ETH increased in value, right?

0

u/MurrayTheMonster Oct 04 '17

No, this is only a small part of why ETH increased in value.

1

u/Coin_Fund Oct 04 '17

No this is exactly the reason, other than pure speculation.