**ZKX Protocol Closes, Token Drops 50%!**
Hello, crypto fans! 🚀 There is surprising news from the world of blockchain. ZKX Protocol, a DEX powered by Crypto.com, officially shuts down due to economic challenges. Co-founder Eduard Jubany Tur announced the shutdown on July 30, and since then, ZKX tokens have plunged more than 50% in the last 24 hours!
- **ZKX Token Price**: Currently at $0.01253, down 52.5%.
- **Closing Step**: All markets on ZKX have been cleared, positions closed, and funds returned to user accounts.
- **Withdrawal of Funds**: Can be done via the Starkway bridge to Layer 1 at any time.
ZKX, founded in 2021, originally aimed to be a DEX for perpetual trading. However, low user participation and high operational costs meant they had to end this journey.
In your opinion, what can be done to prevent this from happening again in the future? Come on, discuss in the comments column! 💬