Twitter blogger @TheJinKang revealed more details from the ZKX team: the price dropped by more than 50% within 24 hours after the TGE. The team explained that this was because some market makers failed to stabilize the price. The team said that one of the market makers sold 3.5 million tokens at the TGE; the token distribution rules changed at the TGE, resulting in more tokens entering circulation at the TGE; the team did not explain how it spent $7.6 million in the past three years; within the first 9 hours after the TGE, the ZKX team blocked the transfer of tokens from Starknet to Mainnet, resulting in transactions coming only from the team, market makers, or centralized exchanges.