đš $ZKC Just Tanked 56% After Launch Is This a Dip to Buy or a Red Flag? đ±âĄ
đ„ Chaos on Mainnet
$ZKC went live and⊠wow. The mainnet launch + airdrop sent the price flying to $1.80. Excitement turned into panic fast airdrop holders dumped, and it crashed over 50% to $0.79 in just 24 hours. Trading volume spiked, but mostly from sell-offs.
đ€ Why ZKC Matters
Boundless ($ZKC) isnât just another token. Itâs a universal ZK proving layer by RISC Zero. It helps blockchains verify computations privately and efficiently. $ZKC powers staking, provers, and governance basically fueling a smarter, faster blockchain engine.
đ The Fallout
Price has stabilized around $0.32 after the wipeout. Market cap is $65M, daily volume $37M, and on-chain data shows whales quietly stacking during the dip. Technicals hint at a rebound to $0.50 if support holds.
đĄ Big Picture
The crash isnât a death knell it cleared weak hands and proved $ZKCâs utility. With Ethereum rollups and PoVW mechanics, Boundless could play a key role in ZK adoption. Smart money sees this as a reset, not the end.
What do you think about this? đ
