Fluctuations after TGE/Mainnet:
ZKC launched its Mainnet on September 15, 2025, along with listings on major exchanges like Binance (as a "seed tag") and Bybit.
The initial price surged significantly, reaching an ATH of $1.78 USD, but then declined sharply and continuously throughout September and early October, indicating significant selling pressure from early users (such as airdrop recipients) and market corrections following the initial excitement.
Investment warning from Upbit:
Around early October, the Upbit exchange (South Korea) classified ZKC as a cryptocurrency with investment warning signs and suspended deposits due to concerns about the flawed token circulation plan.
Impact: This decision has caused significant negative sentiment within the community and increased selling pressure, particularly for investors in Asia.
Inflation and Staking (Long-term factors):
Negative: The project has a mechanism for issuing new tokens annually (starting at 7%), which could create inflationary pressure on the token's value in the long run.
Positive: ZKC tokens are used for Staking in the project's Proof-of-Verifiable-Work (PoVW) model. The amount of ZKC locked for participating in creating ZK (zero-knowledge) proofs and earning rewards will help reduce selling pressure in the market. However, the staking APY (annual percentage yield) is gradually decreasing (from an initial 295% to around 164-177% recently) as the number of stakers increases.