#airdairdrops #airdropsguide

Key Points:
ZkSync token technology can be released quickly, with an airdrop anticipated around June 13th.
21 billion tokens are set for launch, although ticker troubles with ZK might also rise because of a prior declaration with the aid of the Polyhedra community.
Layer 2 community ZkSync is gearing up for the ZkSync token generation occasion (TGE) this week, as pronounced by The Block.
ZkSync Token generation occasion Readies For Its release and Airdrop
Following the ZkSync token technology, a token release and airdrop are on the horizon within the next month, with an anticipated airdrop date around June 13, preceding Blast's token airdrop scheduled for June 26.
According to the same assets, the overall supply of ZkSync tokens will quantity to 21 billion. While ZkSync aims to undertake the ticker symbol ZK for its token, complications have arisen due to the earlier declaration of this ticker with the aid of the Polyhedra network. Even though, ZkSync can also nevertheless opt for ZK, mainly considering that Polyhedra's token is but to be indexed on Binance.
Concerning decentralization, matter Labs, the driving force at the back of ZkSync, is currently navigating the process, even though concrete plans have not begun to be finalized. The agency has teased a token release and airdrop using the give-up of June, with plans to expedite the protocol's decentralization through an imminent improvement.

Investment and support for ZkSync's development
Zksync, a member of the zk-Rollup circle of relatives, tackles scalability and transaction fee troubles plaguing the Ethereum community. Since the launch of its era mainnet in March 2023, ZkSync has committed to token issuance within a year.
This dedication and an airdrop coverage attracted tremendous attention from cryptocurrency traders, resulting in a high total value Locked (TVL) of almost $two hundred million, which has for the reason that been tapered to $141 million. Currently, ZkSync occupies the eighth role amongst Ethereum layer-2 answers by TVL.
Be Counted Labs has obtained tremendous backing from distinguished traders, which includes Andreessen Horowitz (a16z), Dragonfly Capital, and Blockchain Capital, elevating $258 million in funding and organizing a $2 hundred million ecosystem improvement fund.
DISCLAIMER: The records in this internet site are furnished as standard market commentary and do not represent funding advice. We inspire you to (DYOR).

#coinlaunch #zkSync2024

I know this question has been buzzing around everywhere recently 🤣🤣🤣... and trust me, I get it! Everyone's eyeing the *newly launched tokens*, wondering if this is their *golden opportunity* to make a quick profit. But hold on! Let's talk about the *bitter truth* here. 😬

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*The Reality: Avoid the FOMO Trap!* 🚫

Here’s the hard truth: *No, it’s not always worth buying* newly launched tokens, especially if you *didn't stake* during the *Binance Launchpool* or *pre-sale*. 😕

Why? Because when a coin first launches, *prices tend to be volatile*. They often *surge* at the start, which is when *FOMO (Fear of Missing Out)* kicks in, and everyone jumps in trying to catch the wave. But here’s the catch – this is when *most traders lose money*. 💸

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*The Aftermath of FOMO* 😱

Let me remind you of some *recent examples*:

- *USUAL* 🥴
- *VANA* 🥴
- *ME* 🥴
- *MOVE* 🥴

These coins *surged* right after launch, and then *plummeted*, leaving many traders in *panic mode*. 💥 The prices *dropped* significantly, and people were left questioning if they had just been scammed. 🚫💰

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*Why Should You Avoid Newly Launched Tokens?*

1. *Price Volatility* 📉
- Newly launched coins often see massive *price swings*. They might look tempting when they surge, but *the price can crash* just as quickly. This is *normal* for new tokens and can leave you with *big losses* if you buy in too early.

2. *Lack of Stability* ⚖️
- When a token first launches, there’s often *no solid foundation* of *liquidity* or *market support*. This makes the coin *unstable* and subject to *manipulation* by early investors or whales. 🐋

3. *FOMO Leads to Regret* 😬
- Fear of missing out can cause you to act impulsively. Many traders *jump in* without waiting for the market to *stabilize*, only to find themselves stuck with a *losing position* when the price corrects. 🏚️

4. *Pump and Dump Schemes* 💣
- Some newly launched coins are just *pump and dump* schemes. The price is *artificially inflated* by early buyers who later sell off, causing the price to crash. *Don’t be the one left holding the bag* when that happens. 😵

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*What Should You Do Instead?*

1. *Wait for Stabilization* 🕒
- After a launch, wait for the price to *stabilize* and avoid the *initial volatility*. Let the coin settle for a few days or weeks before you consider buying in. You want to see if the project has *long-term potential* and isn’t just a *flash in the pan*.
2. *Do Your Research* 📚
- Never invest based on *hype* or *FOMO*. Always *research* the project, the team behind it, and its *roadmap*. Check if the project has a *clear use case* and whether it’s backed by a strong *community*.

3. *Consider Coins with Long-Term Value* 💎
- If you're looking for stable growth, focus on *well-established tokens* with *strong fundamentals* like *Bitcoin (BTC)*, *Ethereum (ETH)*, *Binance Coin (BNB)*, or other *blue-chip coins* that have *proven* their value.

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*Conclusion: Don’t Fall for the Hype* 💡

Newly launched tokens can seem like *easy money* but they come with a lot of *risk*. 🚨 If you didn’t stake during the *Launchpool* or *pre-sale*, don’t rush to buy the token immediately after launch. It's *not worth it* in most cases.

Remember, *patience is key* in crypto. Let the market settle, do your research, and invest wisely. 🧠💡

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So, stay *smart*, avoid the *FOMO trap*, and keep your portfolio *diversified* with coins that have *strong potential* for the *long term*. 🚀
$BIO
$VANA
$MOVE
#CryptoTips #avoidFOMO #NewTokenRisks #DiversifyYourPortfolio #CryptoInvesting #Binance #coinlaunch