These days, whenever there is even a small rally in any of the cryptocurrency, the investors rush to invest in those cryptocurrencies for a long time. The problem is that many times, it is manipulative. If you invest in a cryptocurrency after every rally, there are increased chances that you might lose a significant amount of capital. 0x (ZRX) is one such cryptocurrency which has experienced multiple rallies. It, however, does not mean that you should invest in 0x (ZRX) at the current levels.
Why should you wait before investing in 0x (ZRX)?
0x (ZRX) is offering an open protocol. It is providing the protocol to create a decentralized exchange. Currently, it only supports ERC 20 tokens. It is a part of the Ethereum (ETH) blockchain which is actually limiting it. During the initial stages, it was created from the decentralized exchanges as well as the centralized exchanges. Thus, the features which it has on offer incorporate both of these types of exchanges. That is why it certainly holds potential.
So, even though 0x (ZRX) might hold a lot of promise, it is essential for you to wait till the time the limit of ERC 20 tokens gets removed. Once, that happens, it will hold a lot of potential and can provide good returns to the investors. However, investing at the right price is pretty significant. You always have to avoid chasing momentum and instead invest on the basis of fundamentals.