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[Detailed explanation of zeta's recent performance] #zeta
First, let's understand zeta:
ZETA is the native token of ZetaChain and has multiple functions, including transaction fees, staking, and governance. Validators secure the network by staking ZETA, and ZETA can also be used to pay gas fees on the chain. The initial total supply of ZETA is 2.1 billion, of which a portion of the tokens are allocated to stakeholders such as protocol treasury, contributors, and validators, and a portion of the tokens will be unlocked in the future, which may have an impact on the market price of the token.
Since the mainnet was launched in January 2024, ZETA has experienced price fluctuations. Despite the initial price increase, the price has also adjusted due to the introduction of more supply due to the unlocking of tokens. Its future performance may be affected by the broader crypto market and the continued adoption of ZetaChain's features and functions.
Recent status:
Based on the current market situation, the price prediction of ZetaChain (ZETA) shows that the price of ZETA is expected to be between $0.63 and $0.95 in the short term (October), with an average price of about $0.79. Specifically, the price forecast for October is $0.70, and it is expected to fluctuate between $0.65 and $0.75.
In the long term, ZetaChain is expected to reach a high of about $1.10 in 2025, and it is possible to rise to $1.96 by 2026. However, the market has shown some volatility recently, with prices falling 7.56% in the past 7 days, which suggests that market sentiment may be unstable and adjustments may occur in the short term.
Overall, if you are considering investing in ZETA, you may see some increases in the short term, but long-term investments are more likely to get higher returns. Overall, I am bullish on zeta!
First, let's understand zeta:
ZETA is the native token of ZetaChain and has multiple functions, including transaction fees, staking, and governance. Validators secure the network by staking ZETA, and ZETA can also be used to pay gas fees on the chain. The initial total supply of ZETA is 2.1 billion, of which a portion of the tokens are allocated to stakeholders such as protocol treasury, contributors, and validators, and a portion of the tokens will be unlocked in the future, which may have an impact on the market price of the token.
Since the mainnet was launched in January 2024, ZETA has experienced price fluctuations. Despite the initial price increase, the price has also adjusted due to the introduction of more supply due to the unlocking of tokens. Its future performance may be affected by the broader crypto market and the continued adoption of ZetaChain's features and functions.
Recent status:
Based on the current market situation, the price prediction of ZetaChain (ZETA) shows that the price of ZETA is expected to be between $0.63 and $0.95 in the short term (October), with an average price of about $0.79. Specifically, the price forecast for October is $0.70, and it is expected to fluctuate between $0.65 and $0.75.
In the long term, ZetaChain is expected to reach a high of about $1.10 in 2025, and it is possible to rise to $1.96 by 2026. However, the market has shown some volatility recently, with prices falling 7.56% in the past 7 days, which suggests that market sentiment may be unstable and adjustments may occur in the short term.
Overall, if you are considering investing in ZETA, you may see some increases in the short term, but long-term investments are more likely to get higher returns. Overall, I am bullish on zeta!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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