Binance and other CEXs lists Zksync (ZK) with token giveaway amid airdrop controversy.
⏭️ Many people labeling the ZKsync initiative a “scam, Fraud.”
It started with the airdrop program’s lack of safeguards against Sybil attacks.
Sybil attacks — which occur when someone creates a large number of fake accounts to obtain more tokens while farming the airdrop, making it harder to spread tokens evenly.
⏭️ Less than a day after the @zkSyncLabs drop, 41% of the top 10k wallets sold all their coins.
⏭️ Additionally, 29.2% of users sold at least some of their tokens, exceeding 486M $ZK in total
Today, The price of $ZK is hovering around 0.19-0.20.
ANALYSIS: I WILL NOT PERSONALLY TOUCH THIS COIN. BUT THIS COULD BE BEARISH SHORT TERM AND LONG TERM BULLISH.
Let's see how this one will played out. Stay safu #CillionaireMind
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