đ ZKC (Boundless) â Market Overview
Current Price: $0.2060 USD
24h Change: +11.91%
24h High: $0.2549
24h Low: $0.1841
Market Cap: ~$41.5M USD
24h Trading Volume: ~$252M USD
Circulating Supply: ~200.9M ZKC
All-Time High: ~$2.13 USD
All-Time Low: ~$0.11 USD
Recent Performance: +22.5% in the last 24 hours CoinGecko
đ Analysis & Key Developments
đ Recent Price Surge
ZKC has experienced a significant uptick in price, rising by over 20% in the past 24 hours. This surge is attributed to increased trading volumes and renewed investor interest.
đ§ Staking Adoption
Approximately 7% of the circulating ZKC supply is currently staked, indicating growing confidence in the project's long-term viability. However, concerns about a 7% annual inflation rate could impact future returns if adoption doesn't continue to grow. CoinMarketCap
đ Exchange Listing Volatility
The token experienced a 46% price drop following its listing on major exchanges, as airdrop recipients sold off their holdings. CoinMarketCap
đ zk-Tech and Cross-Chain Infrastructure
Boundless operates on a Proof of Verifiable Work (PoVW) model, enabling scalable zero-knowledge (zk) computations across multiple blockchains. This positions ZKC as a critical component in the zk-tech ecosystem. CoinDesk
đ Outlook
Bullish Indicators: Increased staking participation and the project's focus on zk-tech infrastructure suggest potential for long-term growth.
Bearish Risks: Exchange volatility and inflation concerns could pose short-term challenges.
