$ZKJ This thing is just a domestic money-grabbing scheme. It was originally called ZK and had a wave of trading on the OK exchange, then it changed its name to ZKJ by riding on the Ethereum ZK concept. Recently, it leveraged the hype of Binance Alpha points activity to pump the price, attracting retail investors to take over before directly running away, with the price plummeting over 80% overnight, now basically in a state of near-zero.
Let me share my personal opinion:
This coin is a typical domestic capital operation scheme, renaming and rebranding is an old trick. From the data, it is tragically horrific, with a market value of only 100 million dollars and a circulation of only 30%, with the remaining 70% likely held by the project party to crash the price.
The official website and white paper are vague, the team is opaque, and it’s a high-risk air coin. This kind of coin can be said to rely purely on gambling; it’s best not to touch it or think about bottom fishing. If you really want to play, you must be prepared for it to go to zero, and don’t be fooled by labels like 'ZK concept' and 'Ethereum ecosystem'! It has already wiped out two waves of retail investors; who will take on the third wave? 😂😂😂
If you are deeply trapped because you bought coins like ZKJ, or if you find yourself lured into the market by various 'explosions' and 'ecosystem' gimmicks and don’t know what to do now—don’t panic! I’ve seen this situation too many times; being trapped is not scary, what’s scary is messing up and getting deeper into trouble. Follow @Crypto余辉 to learn how to climb out of the pit!
