📢Blockchain News Flash! The market cap of zkSync Era token ZK is now around $600 million, with a fully diluted valuation of $3.4 billion, down 40% from its valuation when it was launched on June 17. 😮

Analysts at The Block believe this may be due to continued selling pressure from airdrop recipients and poor overall market conditions. 📉

It is worth noting that the 7-day moving average of active addresses on zkSync Era hit an all-time high of nearly 675,000 on the day of the ZK token launch, but the number of active addresses was halved just three days after the token launch. 😱

Although the current market conditions are not good, we remain optimistic about Bitcoin. 🚀 Let's pay attention to the development of the blockchain industry together!