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Do you like $ZK the way you like $STRK? #ZKsync 's market cap ($511M) is smaller than #Starknet ($784M) ZKsync ($458M) raised more capital than Starknet ($282.5M) ZKsync's Incentive Program is larger than Starknet $ZK has unlocked 17.5% of the total supply, the next unlock is June 17, 2025. That means the circulating supply will be 3.675 billion tokens from now until then. Assuming that $ZK reaches $1 before June 17, the market cap will be $3.675 billion. Both charts are looking pretty good, ZK has higher lows every day, STRK is accumulating in a price range for many days. Which one was $1 before
Do you like $ZK the way you like $STRK?

#ZKsync 's market cap ($511M) is smaller than #Starknet ($784M)

ZKsync ($458M) raised more capital than Starknet ($282.5M)

ZKsync's Incentive Program is larger than Starknet

$ZK has unlocked 17.5% of the total supply, the next unlock is June 17, 2025. That means the circulating supply will be 3.675 billion tokens from now until then.

Assuming that $ZK reaches $1 before June 17, the market cap will be $3.675 billion.

Both charts are looking pretty good, ZK has higher lows every day, STRK is accumulating in a price range for many days.

Which one was $1 before
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Bearish
🚨🚨 ZKsync $ZK Revenue Drops by 99% After Airdrop. - Before Airdrop: Over $2M weekly. - Now: Around $30K weekly. {spot}(ZKUSDT)
🚨🚨 ZKsync $ZK Revenue Drops by 99% After Airdrop.

- Before Airdrop: Over $2M weekly.
- Now: Around $30K weekly.
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Bearish
$ZK sync is a newly launched token on Binance, and it's generating quite a buzz in the crypto community. ZkSync is a layer 2 scaling solution for Ethereum that aims to improve transaction speed and reduce fees by moving transactions off the main $ETH chain., The launch of ZkSync on Binance provides more accessibility and liquidity for the token, making it easier for users to buy, sell, and trade it. It's essential to conduct thorough research on ZkSync, its technology, team, and potential use cases before considering investing in it. ZkSync, the Ethereum Zero-Knowledge Layer-2 scaling solution, has been in the spotlight for its new token. Last week, the project’s announcement of its ZK token airdrop was met with backlash from investors and the crypto community. Following the backlash, crypto exchange Binance announced it would list ZK and offered a new distribution program to address users’ concerns. Since its launch, ZK has dropped over 20%. Keep an eye on the market trends, news, and community discussions surrounding ZkSync to stay informed about its performance and future developments. If you're interested in exploring this new token further, remember to always practice due diligence and consider your investment goals and risk tolerance. #zk #writetoearn #BinanceTournament #ZKsync
$ZK sync is a newly launched token on Binance, and it's generating quite a buzz in the crypto community. ZkSync is a layer 2 scaling solution for Ethereum that aims to improve transaction speed and reduce fees by moving transactions off the main $ETH chain.,

The launch of ZkSync on Binance provides more accessibility and liquidity for the token, making it easier for users to buy, sell, and trade it. It's essential to conduct thorough research on ZkSync, its technology, team, and potential use cases before considering investing in it.

ZkSync, the Ethereum Zero-Knowledge Layer-2 scaling solution, has been in the spotlight for its new token. Last week, the project’s announcement of its ZK token airdrop was met with backlash from investors and the crypto community.
Following the backlash, crypto exchange Binance announced it would list ZK and offered a new distribution program to address users’ concerns. Since its launch, ZK has dropped over 20%.

Keep an eye on the market trends, news, and community discussions surrounding ZkSync to stay informed about its performance and future developments. If you're interested in exploring this new token further, remember to always practice due diligence and consider your investment goals and risk tolerance.
#zk #writetoearn #BinanceTournament #ZKsync
𝗝𝘂𝗻𝗲 𝟮𝟰, 𝟮𝟬𝟮𝟰 👉JUST IN: 🚨 S&P 500 $SPX will soar to 15,000 by the end of the decade, says Fundstrat's Tom Lee. 👉Apple $AAPL and Facebook $META have held discussions about integrating Meta’s Generative AI model into Apple Intelligence - WSJ. 👉Apple $AAPL has reportedly renewed its efforts to develop #AR only glasses which would be lightweight spectacles that users could easily wear all day. 2027 is the earliest you could expect to see the glasses - Bloomberg. 👉Aave DAO signals unanimous support for deploying on #ZKsync in community vote. 👉Barcelona to ban AirBNB and other apartment rentals for tourism by 2028, citing soaring housing costs for residents.
𝗝𝘂𝗻𝗲 𝟮𝟰, 𝟮𝟬𝟮𝟰

👉JUST IN: 🚨 S&P 500 $SPX will soar to 15,000 by the end of the decade, says Fundstrat's Tom Lee.

👉Apple $AAPL and Facebook $META have held discussions about integrating Meta’s Generative AI model into Apple Intelligence - WSJ.

👉Apple $AAPL has reportedly renewed its efforts to develop #AR only glasses which would be lightweight spectacles that users could easily wear all day.
2027 is the earliest you could expect to see the glasses - Bloomberg.

👉Aave DAO signals unanimous support for deploying on #ZKsync in community vote.

👉Barcelona to ban AirBNB and other apartment rentals for tourism by 2028, citing soaring housing costs for residents.
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Bearish
ZKSync Airdrop: End of the Retrodrop Era? The much-awaited ZKSync airdrop has arrived, with only 695,232 out of 5 million wallets eligible. Key criteria included: 🔹 Interaction with 10 smart contracts 🔹 Depositing in DeFi protocols 🔹 Completing 5 transactions using a paymaster 🔹 Exchanging more than 10 different tokens 🔹 Holding the Libertas Omnibus NFT 🔹 Donating to Gitcoin via ZKSync Lite 🔹 Activity in ZKSync Lite over three different months before the launch of ZKSync Era. On-chain communities were also rewarded, including Milady Maker and Pudgy Penguins NFT holders, and recipients of DEGEN and Bonsai token airdrops. The team identified Sybil accounts, and only a few experienced retrodrop hunters succeeded. Focused and organic participation is now essential, making quality more important than quantity. Source: CryptoRank #zkSync #zkairdrop #ZKsync #AirdropAlert
ZKSync Airdrop: End of the Retrodrop Era?

The much-awaited ZKSync airdrop has arrived, with only 695,232 out of 5 million wallets eligible.

Key criteria included:

🔹 Interaction with 10 smart contracts
🔹 Depositing in DeFi protocols
🔹 Completing 5 transactions using a paymaster
🔹 Exchanging more than 10 different tokens
🔹 Holding the Libertas Omnibus NFT
🔹 Donating to Gitcoin via ZKSync Lite
🔹 Activity in ZKSync Lite over three different months before the launch of ZKSync Era.

On-chain communities were also rewarded, including Milady Maker and Pudgy Penguins NFT holders, and recipients of DEGEN and Bonsai token airdrops.

The team identified Sybil accounts, and only a few experienced retrodrop hunters succeeded. Focused and organic participation is now essential, making quality more important than quantity.

Source: CryptoRank

#zkSync #zkairdrop #ZKsync #AirdropAlert
The latest DeFi developments👇 #ZKsync introduced its ZK token. 17.5% of its token supply is allocated to an airdrop Symbiotic, a new major restaking protocol, went live. It attracted over $240M in TVL in less than 24 hours Fuse, Solana's first smart wallet, went live. Fuse offers wallet recovery and 2FA #Fantom ’s proposal for an upcoming airdrop campaign went live #Berachain ’s Public Testnet bArtio B2 went live. Interacting with it might qualify you for an airdrop Polygon launched a Community Grants Program with 1b $POL tokens allocated over the next 10 years. MATIC is set to transition to the POL ticker in the near future Solana Labs unveiled Bond, a technology stack for businesses looking to launch customer loyalty programs on Solana Lido introduced 'Restaking Vaults' in collaboration with Symbiotic. Symbiotic is a new restaking protocol backed by Paradigm Optimism has launched permissionless fault proofs to become more decentralized pSTAKE Finance launched its token $PSTAKE on Blast in partnership with Thruster Massa Labs announced the launch of Massa decentralized DNS. Massa’s on-chain web hosts both the frontend and backend of dApps directly on the blockchain Arbitrum proposed the BOLD upgrade to become a Stage 2 Ethereum Rollup. BOLD will increase network security by enabling anyone to be an Arbitrum validator Sociocat introduced its Ask to Earn incentives program deBridge introduced deBridge P2P, an OTC desk for DeFi. deBridge P2P enables making OTC deals between 13+ chains completely on your terms Wormhole has released staking for $W token holders. It is rumored that the top 10,000 W stakers will get an airdrop from Monad Binance Labs has invested in Zircuit, an Ethereum L2 project And that's all for today.
The latest DeFi developments👇

#ZKsync introduced its ZK token. 17.5% of its token supply is allocated to an airdrop

Symbiotic, a new major restaking protocol, went live. It attracted over $240M in TVL in less than 24 hours

Fuse, Solana's first smart wallet, went live. Fuse offers wallet recovery and 2FA

#Fantom ’s proposal for an upcoming airdrop campaign went live

#Berachain ’s Public Testnet bArtio B2 went live. Interacting with it might qualify you for an airdrop

Polygon launched a Community Grants Program with 1b $POL tokens allocated over the next 10 years. MATIC is set to transition to the POL ticker in the near future

Solana Labs unveiled Bond, a technology stack for businesses looking to launch customer loyalty programs on Solana

Lido introduced 'Restaking Vaults' in collaboration with Symbiotic. Symbiotic is a new restaking protocol backed by Paradigm

Optimism has launched permissionless fault proofs to become more decentralized

pSTAKE Finance launched its token $PSTAKE on Blast in partnership with Thruster

Massa Labs announced the launch of Massa decentralized DNS. Massa’s on-chain web hosts both the frontend and backend of dApps directly on the blockchain

Arbitrum proposed the BOLD upgrade to become a Stage 2 Ethereum Rollup. BOLD will increase network security by enabling anyone to be an Arbitrum validator

Sociocat introduced its Ask to Earn incentives program

deBridge introduced deBridge P2P, an OTC desk for DeFi. deBridge P2P enables making OTC deals between 13+ chains completely on your terms

Wormhole has released staking for $W token holders. It is rumored that the top 10,000 W stakers will get an airdrop from Monad

Binance Labs has invested in Zircuit, an Ethereum L2 project

And that's all for today.
ZKsync $ZK has been listed on Bitget today, on June 17th Trading of #ZKsync is now live on Bitget in the Innovation and Layer 2 zone today, June 17th, at 9:00 UTC. Withdrawals will become available on June 18th at 10:00 UTC. ZKsync is a #Layer2 scaling solution on #Ethereum that offers low gas and fast transactions without compromising on security. Previously, the project has raised $458M in funding rounds from DragonFly Capital, a16z, Blockchain Capital, OKX Ventures, and others. 👉 bitget.com/support/articles/12560603811301
ZKsync $ZK has been listed on Bitget today, on June 17th

Trading of #ZKsync is now live on Bitget in the Innovation and Layer 2 zone today, June 17th, at 9:00 UTC. Withdrawals will become available on June 18th at 10:00 UTC.

ZKsync is a #Layer2 scaling solution on #Ethereum that offers low gas and fast transactions without compromising on security. Previously, the project has raised $458M in funding rounds from DragonFly Capital, a16z, Blockchain Capital, OKX Ventures, and others.

👉 bitget.com/support/articles/12560603811301
#TreasureDAO : Leveling Up to ZKsync! 🎮 The popular Web3 game platform, Treasure DAO, is making a big move! They're proposing to migrate their entire ecosystem from $ARB to $ZK . 🗺️😤 Why the change? 🤔👉 Treasure believes that #ZKsync is better suited for their long-term plans in decentralized gaming. 🎮 What does this mean for Treasure players? If the proposal passes, you can expect improved performance, scalability, and a whole new gaming experience. 🤖 Sorry for ARB's fan! 😅 and Stay tuned for updates! This could be a game-changer for Treasure and the Web3 gaming world. 🕹️ DYOR! #Web3Gaming
#TreasureDAO : Leveling Up to ZKsync! 🎮

The popular Web3 game platform, Treasure DAO, is making a big move! They're proposing to migrate their entire ecosystem from $ARB to $ZK . 🗺️😤

Why the change? 🤔👉 Treasure believes that #ZKsync is better suited for their long-term plans in decentralized gaming. 🎮

What does this mean for Treasure players? If the proposal passes, you can expect improved performance, scalability, and a whole new gaming experience. 🤖

Sorry for ARB's fan! 😅 and Stay tuned for updates! This could be a game-changer for Treasure and the Web3 gaming world. 🕹️ DYOR! #Web3Gaming
🚀 $ZK Breakout Alert! 🚀 $ZK has just confirmed strong support at $0.11, backed by impressive trading volume! 📈 With momentum building, ZKsync is eyeing its next target of $0.28, riding the wave of Bitcoin’s bullish trend. This is a key asset to keep on your radar! 👀 Already saw 45% gains in the last rally? Get ready, because $ZK looks primed for another surge! ⚡ #ZKsync #CryptoBreakout #Binance #CryptoGains #BTC l #TradingAlerts {spot}(BTCUSDT) {spot}(ZKUSDT)
🚀 $ZK Breakout Alert! 🚀

$ZK has just confirmed strong support at $0.11, backed by impressive trading volume! 📈 With momentum building, ZKsync is eyeing its next target of $0.28, riding the wave of Bitcoin’s bullish trend. This is a key asset to keep on your radar! 👀

Already saw 45% gains in the last rally? Get ready, because $ZK looks primed for another surge! ⚡

#ZKsync #CryptoBreakout #Binance #CryptoGains #BTC l #TradingAlerts
Binance will list ZK sync and distribute tokens to some users who did not receive a drop from the project. Binance announced that it will list ZKsync (ZK) and conduct a token distribution program. Starting at 8am UTC, the ZK token will be available for spot trading against BTC, USDT, FDUSD and Turkish Lira (Try). Binance will also distribute 10.5 million ZK tokens to approximately 52,500 users. To be eligible for the airdrop, users must initiate at least 50 ZKsync Era transactions between February 2023 and March 2024. However, these transactions must be spread over at least seven different months. In addition, users should not have received ZK tokens through an official drop. The first distribution is scheduled for June 25th. Previously, the community has repeatedly called ZKsync a scam due to an unfair airdrop. #ZKsync #ETH #layer2 #NFT #Ethereum @Bitcoin_Farmer_2018
Binance will list ZK sync and distribute tokens to some users who did not receive a drop from the project.

Binance announced that it will list ZKsync (ZK) and conduct a token distribution program.
Starting at 8am UTC, the ZK token will be available for spot trading against BTC, USDT, FDUSD and Turkish Lira (Try).

Binance will also distribute 10.5 million ZK tokens to approximately 52,500 users.

To be eligible for the airdrop, users must initiate at least 50 ZKsync Era transactions between February 2023 and March 2024.

However, these transactions must be spread over at least seven different months. In addition, users should not have received ZK tokens through an official drop.

The first distribution is scheduled for June 25th.
Previously, the community has repeatedly called ZKsync a scam due to an unfair airdrop.

#ZKsync #ETH #layer2 #NFT #Ethereum @Bitcoin Farmer 2018
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Bullish
Treasure Set to Launch Decentralized Game Console on ZKsync’s Elastic Chain 🤝🏻 Treasure is launching a decentralized game console on the Elastic Chain, powered by #ZKsync 's ZK Stack. After a 99.5% community vote, the Treasure Layer 2 will soon roll out, with a testnet called "Topaz" launching ahead of the mainnet, expected in 1.5-2 months. Core products will be upgraded, and partner tools like #EigenLayer and LayerZero are joining. The migration will be seamless for users, and a token swap with ZKsync Foundation will follow per DAO proposal TIP-44. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
Treasure Set to Launch Decentralized Game Console on ZKsync’s Elastic Chain 🤝🏻

Treasure is launching a decentralized game console on the Elastic Chain, powered by #ZKsync 's ZK Stack. After a 99.5% community vote, the Treasure Layer 2 will soon roll out, with a testnet called "Topaz" launching ahead of the mainnet, expected in 1.5-2 months.

Core products will be upgraded, and partner tools like #EigenLayer and LayerZero are joining. The migration will be seamless for users, and a token swap with ZKsync Foundation will follow per DAO proposal TIP-44.

If you enjoy my content, feel free to tip me ❤️

#Binance
#crypto2024
#ZKsync Price Prediction Amid Controversial $ZK Airdrop: Is $1 Possible? Crypto traders are speculating on #ZKsync price as the much-awaited and highly-awaited ZKSync airdrop gets completed. After years of development and accruing a massive userbase, the Ethereum L2 scaling solution has finally rolled out its native cryptocurrency which is now trading with the ticker $ZK . The global crypto markets remain in a slump as Bitcoin and Ethereum prices consolidate below key support levels. Nevertheless, the market conditions didn’t impact the #ZKsync team’s plan to launch their crypto token. Therefore, the token was listed on crypto exchanges on June 17. #ZKsync Airdrop Faces Backlash Over Sybil Measures In order to keep malicious actors and automated airdrop farmers at bay, ZKsync came up with a Sybil protection plan. During this process hundreds of thousands of addresses were flagged and rendered ineligible for the airdrop. However, in the process, the wallets of many real organic users also got flagged, depriving them of their airdrops. Therefore, the project started to face a lot of backlash from the affected users on X and Discord. What Is #ZKsync ? As the name suggests, ZKsync is an Ethereum scaling solution based on zero-knowledge roll-ups. ZKSync bundles multiple transactions together into a single unit. This significantly reduces the load on the Ethereum mainnet, allowing for faster processing and lower fees. According to DeFi Llama, $129.76 million is currently locked on the ZKsync layer 2 network. After the recent launch of the native $ZK token, this figure is expected to increase in the coming months. ZKsync Price Prediction & Analysis At the time of writing, the ZK/USD pair is trading at $0.246 in its exchange debut. This puts it at a current market capitalization of $901 million and a fully diluted market capitalization of $5.15 billion. Despite a sell-off on the listing day, the long-term ZKsync price prediction appears to be quite bullish if we compare it to other L2 rollup coins like Optimism (OP), Arbitrum (ARB) and Starknet (STRK).
#ZKsync Price Prediction Amid Controversial $ZK Airdrop: Is $1 Possible?

Crypto traders are speculating on #ZKsync price as the much-awaited and highly-awaited ZKSync airdrop gets completed. After years of development and accruing a massive userbase, the Ethereum L2 scaling solution has finally rolled out its native cryptocurrency which is now trading with the ticker $ZK .

The global crypto markets remain in a slump as Bitcoin and Ethereum prices consolidate below key support levels. Nevertheless, the market conditions didn’t impact the #ZKsync team’s plan to launch their crypto token. Therefore, the token was listed on crypto exchanges on June 17.

#ZKsync Airdrop Faces Backlash Over Sybil Measures

In order to keep malicious actors and automated airdrop farmers at bay, ZKsync came up with a Sybil protection plan. During this process hundreds of thousands of addresses were flagged and rendered ineligible for the airdrop.

However, in the process, the wallets of many real organic users also got flagged, depriving them of their airdrops. Therefore, the project started to face a lot of backlash from the affected users on X and Discord.

What Is #ZKsync ?

As the name suggests, ZKsync is an Ethereum scaling solution based on zero-knowledge roll-ups. ZKSync bundles multiple transactions together into a single unit. This significantly reduces the load on the Ethereum mainnet, allowing for faster processing and lower fees.

According to DeFi Llama, $129.76 million is currently locked on the ZKsync layer 2 network. After the recent launch of the native $ZK token, this figure is expected to increase in the coming months.
ZKsync Price Prediction & Analysis

At the time of writing, the ZK/USD pair is trading at $0.246 in its exchange debut. This puts it at a current market capitalization of $901 million and a fully diluted market capitalization of $5.15 billion. Despite a sell-off on the listing day, the long-term ZKsync price prediction appears to be quite bullish if we compare it to other L2 rollup coins like Optimism (OP), Arbitrum (ARB) and Starknet (STRK).
ZKsync $ZK will be listed on multiple exchanges today, on or after June 17th, 8:00 UTC #ZKsync $ZK will be listed on Binance, Bybit, OKX, Gate, MEXC, KuCoin, and other exchanges today, on or after June 17th, 8:00 UTC. Binance is conducting an airdrop of 10.5 million ZK tokens to up to 52,500 eligible users who meet specific criteria. Previously, ZKsync announced an airdrop of 3.675 billion $ZK tokens to 695,232 eligible wallet addresses. zkSync is a #Layer2 scaling solution on #Ethereum that offers low gas and fast transactions without compromising on security. Previously, the project has raised $458M in funding rounds from DragonFly Capital, a16z, Blockchain Capital, OKX Ventures, and others. 👉 binance.com/en/support/announcement/binance-will-list-zksync-zk-with-zk-token-distribution-program-d87a9b01d6634ad1a36d984cc54595ee
ZKsync $ZK will be listed on multiple exchanges today, on or after June 17th, 8:00 UTC

#ZKsync $ZK will be listed on Binance, Bybit, OKX, Gate, MEXC, KuCoin, and other exchanges today, on or after June 17th, 8:00 UTC. Binance is conducting an airdrop of 10.5 million ZK tokens to up to 52,500 eligible users who meet specific criteria. Previously, ZKsync announced an airdrop of 3.675 billion $ZK tokens to 695,232 eligible wallet addresses.

zkSync is a #Layer2 scaling solution on #Ethereum that offers low gas and fast transactions without compromising on security. Previously, the project has raised $458M in funding rounds from DragonFly Capital, a16z, Blockchain Capital, OKX Ventures, and others.

👉 binance.com/en/support/announcement/binance-will-list-zksync-zk-with-zk-token-distribution-program-d87a9b01d6634ad1a36d984cc54595ee
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Bullish
$ZK is currently showing signs of upward momentum, positioning itself to challenge and potentially break the $0.15 resistance level. Recent trading data indicates a price increase, with ZK hovering around $0.14 and experiencing steady support above $0.14. This suggests strong buyer interest in this price zone, which could contribute to a successful breakout above the $0.15 mark if bullish momentum continues. #ZKsync #Layer2 #MemeCoinTrending #BTCSoarsTo68K
$ZK is currently showing signs of upward momentum, positioning itself to challenge and potentially break the $0.15 resistance level.

Recent trading data indicates a price increase, with ZK hovering around $0.14 and experiencing steady support above $0.14.
This suggests strong buyer interest in this price zone, which could contribute to a successful breakout above the $0.15 mark if bullish momentum continues.
#ZKsync #Layer2 #MemeCoinTrending #BTCSoarsTo68K
ZKsync Token Launches with $925 Million Market Cap The ZKsync token launched on Monday with a market cap of over $935 million. The token is currently trading around $0.25 and has been listed on several crypto exchanges, including Binance, Bybit, Gate.io, and KuCoin. This is an exciting development for the ZKsync ecosystem, which aims to scale the Ethereum blockchain using zero-knowledge proofs. The launch of the ZK token could further incentivize participation in the ZKsync network. #ZKsync #Cryptocurrency #L2scaling #Blockchain #ZK
ZKsync Token Launches with $925 Million Market Cap

The ZKsync token launched on Monday with a market cap of over $935 million. The token is currently trading around $0.25 and has been listed on several crypto exchanges, including Binance, Bybit, Gate.io, and KuCoin.

This is an exciting development for the ZKsync ecosystem, which aims to scale the Ethereum blockchain using zero-knowledge proofs. The launch of the ZK token could further incentivize participation in the ZKsync network.

#ZKsync #Cryptocurrency #L2scaling #Blockchain #ZK
Binance Lists ZKsync with Token Giveaway Amid ControversyBinance is set to list ZKsync (ZK) trading pairs starting today at 8 AM UTC, addressing community concerns with a new token distribution program. Available trading pairs include BTC, USDT, FDUSD, and the Turkish Lira. Users can deposit ZK now, with withdrawals available starting tomorrow. This listing coincides with the official start of ZKsync airdrop claims. Community Criticism The ZKsync airdrop has faced significant backlash due to its perceived lack of Sybil attack prevention and disproportionate token distribution. Critics argue that long-time supporters of ZKsync were excluded, with 60% of the airdrop going to only 50,000 wallets. Concerns also revolve around airdrop recipients who held certain NFTs and lesser-known tokens receiving more substantial multipliers. Binance acknowledges these concerns in their announcement. ZK Giveaway Eligibility To mitigate the criticism, Binance has introduced a token giveaway program, distributing 10.5 million ZK tokens to approximately 52,500 users. Eligibility requires users to have made at least 50 transactions on ZKsync Era between February 2023 and March 2024, over at least seven different months. Importantly, users who have claimed ZK tokens from the official ZK Nation airdrop are excluded from this program. The first token distribution is scheduled for June 25. Source: Crypto Briefing Analysis and Insights Binance's move to list ZKsync and address community criticism through a targeted token giveaway is significant. It reflects the exchange's commitment to maintaining user trust and addressing community concerns. Investors should watch how this impacts ZKsync's adoption and market perception. The focus on long-term users and transaction history may also drive increased activity on the ZKsync network, potentially boosting its value. #Binance #ZKsync #CryptoNews #Airdrop #Blockchain

Binance Lists ZKsync with Token Giveaway Amid Controversy

Binance is set to list ZKsync (ZK) trading pairs starting today at 8 AM UTC, addressing community concerns with a new token distribution program. Available trading pairs include BTC, USDT, FDUSD, and the Turkish Lira. Users can deposit ZK now, with withdrawals available starting tomorrow. This listing coincides with the official start of ZKsync airdrop claims.
Community Criticism
The ZKsync airdrop has faced significant backlash due to its perceived lack of Sybil attack prevention and disproportionate token distribution. Critics argue that long-time supporters of ZKsync were excluded, with 60% of the airdrop going to only 50,000 wallets. Concerns also revolve around airdrop recipients who held certain NFTs and lesser-known tokens receiving more substantial multipliers. Binance acknowledges these concerns in their announcement.
ZK Giveaway Eligibility
To mitigate the criticism, Binance has introduced a token giveaway program, distributing 10.5 million ZK tokens to approximately 52,500 users. Eligibility requires users to have made at least 50 transactions on ZKsync Era between February 2023 and March 2024, over at least seven different months. Importantly, users who have claimed ZK tokens from the official ZK Nation airdrop are excluded from this program. The first token distribution is scheduled for June 25.
Source: Crypto Briefing
Analysis and Insights
Binance's move to list ZKsync and address community criticism through a targeted token giveaway is significant. It reflects the exchange's commitment to maintaining user trust and addressing community concerns. Investors should watch how this impacts ZKsync's adoption and market perception. The focus on long-term users and transaction history may also drive increased activity on the ZKsync network, potentially boosting its value.

#Binance #ZKsync #CryptoNews #Airdrop #Blockchain
PancakeSwap announces 2.4 Million ZK token airdrop to community supporters #PancakeSwap has initiated a 2.4 million $ZK tokens #airdrop for its community. This distribution, set to begin on July 5, 2024, aims to recognize the support of users towards the development of #ZKsync on PancakeSwap. Over the past year, PancakeSwap has achieved a trading volume exceeding 3.6 billion USD and total value locked of 5.8 million USD on #ZKsync . The airdrop is designed to reward both longstanding contributors and new participants who actively engage with PancakeSwap. Participants must adhere to specific criteria and comply with local regulations to be eligible for the distribution.
PancakeSwap announces 2.4 Million ZK token airdrop to community supporters

#PancakeSwap has initiated a 2.4 million $ZK tokens #airdrop for its community. This distribution, set to begin on July 5, 2024, aims to recognize the support of users towards the development of #ZKsync on PancakeSwap. Over the past year, PancakeSwap has achieved a trading volume exceeding 3.6 billion USD and total value locked of 5.8 million USD on #ZKsync .

The airdrop is designed to reward both longstanding contributors and new participants who actively engage with PancakeSwap. Participants must adhere to specific criteria and comply with local regulations to be eligible for the distribution.
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