🚨 Dramatic Changes in ZK Tokens 🚨
ZK has only been online for 10 days, and the price has been cut in half! Is the remaining 50% a gold mine or a bubble? Is it heading towards zero?
Remember when we predicted that ZK would reach $0.4-0.6? As a result, the FDV was as high as $5 billion when it opened! This is simply a typical example of over-hype. ZK became the first project to "die due to airdrops", which aroused public anger. Sure enough, it peaked at the launch and has been steadily declining all the way. Although there was no sharp drop, it has been steadily falling every day. FDV has shrunk by 40%, and now the market value is only $577 million.
💡 Data proves: the airdrop selling pressure was $940 million when it was launched, and now the total trading volume is $1.135 billion. The airdrop selling pressure has ended. The price has fallen to $0.15. Isn't this a good time to buy the bottom? With the spot in hand, it is the right time to buy the bottom. As long as the market does not collapse, ZK is expected to consolidate and rise in the near future.
However, don't forget the insider trading phenomenon of the project. Some insiders took advantage of information asymmetry to hoard a large number of tokens before the airdrop, and then sold them at a high price for profit, and ordinary investors became the receivers. Such operations not only undermine market fairness, but also cast a shadow on the prospects of ZK.
Perhaps, the future of ZK is a casino-like adventure, with speculators looking for opportunities in high risks. Will it return to zero? Who knows? Maybe it will rebound, or maybe it will continue to fall. In any case, this is an exciting and uncertain game.
Investors need to keep a clear head when facing a new coin that may be manipulated by the insiders and has volatile prices. The real opportunity may not be in these hyped bubbles, but in a deep understanding of the market and a prudent investment strategy. 📉💸#ZKToken#CryptoDrama#InvestmentStrategy#Crypto
