Many people ask why the new currency is not rising now
Could it be that there is no money in the market? Will there be a bull market in the future?


First of all, the project party now controls the lock-up time too abnormally. If you are not a close confidant of the project party, your position may be locked for 1-2 years. In addition, the project party’s own foundation allows some VCs to exit and sell private equity in advance, such as A16z. To put it clearly, it is using large VCs to get the money of small VCs.


Why are there so many insider trading in airdrops now?
In fact, most of the rewards were given to big VCs and their own teams in advance. Many token models are no longer as written. You think that the team will lock up the coins for a few years before selling them. You think too much. The actual situation is that they have already sold them long before the market opens, leaving only some retail investors and VCs locked up to give them hope. Therefore, it is difficult to buy tokens such as arb and strk to go back up, because the dealer has already eaten their fill. The FDV market is already worth billions of US dollars. When the market FOMO begins to slowly unlock, the water army will be invited to paint the cake when the market FUD. Most projects have completed hundreds of millions of financing, but the actual situation may be only a few million. Many large VC projects seem to have a lot of capital investment, but in fact they may be their own projects. Everyone is just making money by taking over the market!


Let me give you an example:
For example, if I am a financier and I want to incubate a project, I will invest 100,000 yuan, which is 10% of the coin. When it comes to financing, the coin will be directly valued at 50 million yuan before it is listed on the market, and then sold to the small team below. When the small team sees such an awesome project being given to me at such a low price, they will directly accept it, but they did not expect that the project party will make millions by reselling it.

So think about it, everyone. Why do you think that a rate cut will definitely lead to a surge in prices?
At present, there are tens of thousands of coins listed on exchanges, and some coins in the primary market, which add up to hundreds of thousands. So even if there is water release, only some of the altcoins may rise. So how can you be sure that you have bought the right coins?
It can be said that the previous two bull markets were betting on market uncertainty, and the current bull market is just a deterministic investment, so will the money from the interest rate cut flow to new coins or old coins? Take the new coin ZK for example, why is the total amount of 21 billion? Isn’t the project party raising so many numbers just to brag about being listed on the exchange and raising funds? To be honest, this coin has raised at most 20 million US dollars. As for the so-called hundreds of millions of dollars in financing, it is similar to the example I mentioned, the brand premium brought by the project party!

How are ZkSync tokens distributed?

The total supply of ZK tokens is 21 billion, and the specific distribution is as follows:

  • Community allocation: 66.7%

  • Ecosystem incentives: 19.9% ​​(distributed by the ZkSync Foundation)

  • Investor allocation: 17.2%

  • Team allocation: 16.1%

  • Token Assembly：29.3%


If this article is helpful to you, you may as well give Panda a follow. Introduction to Zhuye, no threshold to get on board, see you next time! Introduction to the cryptocurrency circle: four steps to jump into the bull market wave and open the door to wealth!