Category: ZK token

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LayerZero’s ZRO Token Airdrop Receives Backlash For ‘Proof-Of-Donation’ Mechanism

June 21, 2024

This week, another airdrop controversy has sent the crypto community into havoc. Omnichain interoperability protocol LayerZero recently announced its ZRO Token launch alongside an Airdrop for its community. However, investors were shocked when the protocol announced the new ‘Proof-of-Donation’ mechanism. The token’s price has dropped over 20% after launching.  LayerZero Faces Backlash For Token Airdrop …
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ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program

June 18, 2024

ZkSync, the Ethereum Zero-Knowledge Layer-2 scaling solution, has been in the spotlight for its new token. Last week, the project’s announcement of its ZK token airdrop was met with backlash from investors and the crypto community. Following the backlash, crypto exchange Binance announced it would list ZK and offered a new distribution program to address…
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Zksync’s ZK Token Debuts With $932M Valuation, South Korean Market Shows Strong Interest

June 17, 2024

Zksync’s token, known as ZK, is currently trading at a value 19% below its initial price of $0.321 during early morning sessions. The new cryptocurrency’s market valuation stands at $932.14 million, with each ZK token trading at $0.2575. This positions ZK among the top 100 largest market capitalizations, ranking at 90th. Notable exchanges listing ZK…
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