The ZKJ rebound is temporary; returning to zero is eternal.
Last night, the ZKJ project team made a lot of noise and drove up the price by 100 points. However, this is just a rebound, not a reversal. A price surge driven by mere talk without real financial backing will eventually return to the original point.
Historically, there have been cases where assets that fell by 10 times did bounce back, like BTC and SOL. However, there has never been a coin that fell by 10 times in one day and then recovered.
When a coin falls by 10 times in a single day, its technical structure is completely damaged. There are too many trapped investors, and without significant capital to buy at the bottom, it simply won't return to the original point.
The project team claims they will use funds for buybacks, but these are just excuses to delay the decline of ZKJ. The real intention of the project team is to hope for a smaller drop so they can sell more coins.
Do not harbor any illusions about ZKJ.
