The ZKWASM token is currently trading at $0.047554, a price that reflects an impressive daily increase of +47.71%. This significant surge is a powerful indicator of a growing positive sentiment and strong buying pressure. Such a sharp rise can be attributed to several factors, including positive project news, a major partnership announcement, or simply a growing investor base attracted to the project's unique value proposition.
Market Cap: The token's market capitalization stands at $4.86M. This figure, while relatively modest, signals a solid and growing presence in the crypto space. It indicates the total value of all ZKWASM tokens in circulation and serves as a key measure of the project's size.
Liquidity: With a liquidity of $963,407.39, ZKWASM shows a healthy level of trading activity. High liquidity is crucial as it ensures efficient and stable trading, allowing investors to enter or exit positions without causing significant price fluctuations.
Holders: The number of holders is 2,463. This number, while not massive, represents a dedicated and growing community. A larger holder base often translates to a more decentralized and resilient project.
Total Value Locked (TVL): The snapshot mentions a TVL of $47.55M. This is a particularly striking and powerful metric. A TVL that is nearly ten times the market cap suggests that a substantial amount of value is locked within the ZKWASM ecosystem, likely in staking, liquidity pools, or other DeFi protocols. This is a strong indicator of community trust and the project's utility.
Conclusion
The ZKWASM token, as seen in this snapshot, is a project on a powerful upward trajectory. Its combination of an impressive price surge, solid market fundamentals (especially the high TVL), and a growing community paints a picture of a project with significant momentum and potential. While the crypto market is always unpredictable, the data suggests that ZKWASM is a token worth watching closely, positioned at the exciting intersection of blockchain and artificial intelligence.
