0x (ZRX) Pumps 12% on Questionable Coinbase Listing Rumors

zrx2 / gfycat.com

0x (ZRX), an open protocol that facilitates the low-friction, peer-to-peer exchange of ERC-20 tokens on the Ethereum blockchain, is currently up over 12% after rumors began to circulate that Coinbase is gearing up to list the digital currency.

This speculation stemmed from screenshots showing 0x listed in Coinbase’s¬†tax gain/loss calculator, alongside the coins already listed on the leading cryptocurrency exchange.

via Twitter

However, since the images began to circulate across Reddit and Twitter, numerous individuals claim that they were unable to recreate the image found within the screenshots. While the initial accounts that posted the image say that it could be because that Coinbase worked to remove the “leak,” it’s more than likely due to the fact that it was never real.

One major concern surrounding this rumor is the fact that anyone can simply edit the source code on a page to include any text, meaning investors should be skeptical of random screenshots. We have been unable to confirm the rumors through multiple accounts.

0x now has a $395 million market cap, making it the 26th largest coin in the AltDex 100 Cryptocurrency Index (ALT100).


We reached out to Coinbase for comment about the screenshots’ authenticity but did not immediately receive a reply.

More: Reddit Thread

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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