The highly awaited zkSync token (ZK) made its debut on exchanges on June 17. With a total supply of 21 billion ZK, it has a market cap of around $971 million. Despite an initial high of $0.30 on exchanges like Binance, Bybit, Gate.io, and KuCoin, it has since fallen to approximately $0.25. Prior to the launch, zkSync reported network load and RPC issues, promising to boost RPC capacities. Post-launch, an increase in malicious DApps impersonating zkSync was noted, exploiting Twitter comment sections to reach potential victims. Amid concerns over its token distribution program, zkSync pledged to address these to ensure a fair process.