airdrops

ZKsync's ZK Token Launches with Positive Sentiment and High Trading Volume

The Big Whale

— 1 min read
  • ZKsync's ZK airdrop claims live, token trading at $0.22
  • Market cap at $835M, FDV $4.7B
  • ZK trading volume ~$855M, available on Binance, Bybit, Gate.io, KuCoin
  • Positive Twitter sentiment, potential undervaluation compared to Starknet
  • Binance ZK listing, withdrawals start June 18, 2024
  • Concerns over ZK token distribution, Binance offers 10.5M ZK giveaway

Summary :
ZKsync's ZK token went live today, trading at around $0.22. The token has a market capitalization of approximately $835 million and a fully diluted value of $4.7 billion. ZKsync trading volume has reached around $855 million since launch, and the token is available on centralized exchanges like Binance, Bybit, Gate.io, and KuCoin. Twitter sentiment is positive, with many believing ZK may be undervalued compared to other recent airdrops. Binance has listed the token and will also distribute 10.5 million ZK tokens to eligible users. There have been concerns about the token distribution and reports of scammers targeting ZKsync. Despite these issues, ZKsync's launch has been highly anticipated, and many holders are choosing to hold their airdrops rather than sell.

Sources :

- Bankless
- TheBlock
- CoinTelegraph
- Decrypt
- TheBlock

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