ZerogokiREI
$0.681
Market/Exchange
REI Price Prediction and Price Movement
REI has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that REI's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if REI is backed by a solid development team and whether REI's technology has any potential to grow.
Please note that this analysis is purely base on REI's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Zerogoki Price Chart
About Zerogoki
Zerogoki, a transliteration of “零号機” in Japanese, stands for the experimental model Unit-00, and its token REI is the pronunciation of the word ‘zero’ (れい)” in Japanese. Thus, it’s a metaphor for a prototype.
Zerogoki is a leveraged token minting platform deployed on Ethereum and based on an algorithmic pegging mechanism, which can provide users with leverage tools for traditional assets such as foreign exchange, gold, and bonds. Users can use the platform token REI to cast leverage tokens or use the protocol’s synthetic dollar-zUSD to buy leverage assets directly.
A pilot experimental protocol from Duet Protocol, Zerogoki only has the Lite-minting module of Duet Protocol. That is, the synthetic assets are generated only by destroying the protocol asset-REI, and the volatile leverage tokens are chosen as the listed assets to increase the system test pressure. At the same time, the slower Ethernet main net with high cost is used to test if Duet can run smoothly in a harsh environment.