Why can ZRO rise so much?
Because ZRO checked many witches before the airdrop, there are many normal users, and the boutique account only got a low-income airdrop. The studio was the worst, and basically all the people were wiped out.
So when it was first launched, the reputation was very bad, and it dropped directly from 4 dollars to 2.4 dollars. I felt that it was also very weak. I went in directly at 2.7, and then I was trapped. After several waves, the cost was 3.4, and it was about to recover.
As a result, it rose from 4 to 5.5 yesterday. Many people were dumbfounded. They all said that VC coins cannot be bought. How can ZRO rise so much?
The core reason, I think, may be because, although the total amount of ZRO is 1 billion, the current circulation is only 110 million, and most of them are in the hands of the team and market makers. The airdrops in the hands of retail investors were basically cleared at around 3.8.
Because there is no unlocking in the next year, many people are speculating on it as MEME in the short term, while new coins such as IO and STRK are unlocked every month. VCs and teams have to pay tens of millions to the market every time to take over, so naturally no one is willing to hold it.
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