$ZK Coin Price Took a Tumble After Launch Hype Faded 🤮📉🔴

Remember ZK, the coin that recently launched on Binance? Well, things haven't been all sunshine and rainbows since then. 🌧😶‍🌫️

Price Drop: The price has taken a nosedive of over 40% since its all-time high of $0.31, currently sitting around $0.17. Ouch! 🥶

Market Cap Slump: Market cap followed suit, dropping from a high of nearly $1 billion to around $622 million. 🥀😫

Activity Slowdown: The initial launch excitement led to a surge in daily active users and transactions, but those numbers have settled back down to average levels. 🪫

TVL with a Twist: TVL actually went up, but here's the catch: almost half of that is ZK's own token! Remember the $STRK situation? Be careful not to take TVL at face value. On-chain profits are also pretty low compared to other players. 📍💥👀

Early Days for ZK: It's important to remember that #ZK is still in its early stages of development. 🤷 They have a lot to prove before they can compete with the big boys. 😅

So, what does this mean for you? DYOR before investing in any new crypto project, especially one that's just launched. There's always a chance things could go south. #altcoins #STRK