๐ ZKJ Faces Brutal 85% Crash: What's Behind the Drop?๐ค
๐ฐ Current Price: $0.30823
๐ Recent ATH: ~$2.17
๐ Post-Crash Low: ~$0.28
โ ๏ธ Total Drop: Over 85%
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๐ Possible Reasons Behind the Crash
1. ๐ Token Unlock / Vesting Event
Large amounts of tokens were likely unlocked for team members or early investors, leading to heavy selling pressure.
๐ This is common after airdrops or vesting schedules complete.
2. ๐ Airdrop Farmers Dumping
Many users tend to sell immediately after claiming airdrops to lock in profits.
๐ท๏ธ ZKJ is tagged with โAlpha Airdrop,โ which supports this theory.
3. ๐ง Lack of Liquidity
Liquidity is only around $3.29M, while the market cap exceeds $90M.
๐ Low liquidity makes any significant sell-off hit the price harder.
4. ๐จ Market Sentiment & Panic Selling
Once a dump begins, fear spreads fast, causing a wave of panic selling that accelerates the crash.
๐ฅ Fear leads to rapid exits.
5. ๐ No Strong Buying Support
There are no clear reversal signals on the chart.
๐ต๏ธโโ๏ธ Buyers are currently cautious, waiting for stability.
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๐ง Key Takeaways
โ ๏ธ Crashes like this are often triggered by unlock events, airdrop dumps, or poor liquidity.
๐ฅ ZKJ is in a high-risk zone in the short term.
๐ Technical indicators like MACD, Volume, and MA(7) all confirm the downtrend.
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#ZKJ #CryptoCrash #BNBChain ๐ฃ๐๐
