ZRO Coin has been subject to much market speculation and fluctuation recently due to several notable events. After a fall of 17% caused by controversy over LayerZero's ‘not an airdrop’ mechanism, the token rebounded
20% amid a market retrace. In addition, the coin recently saw a whopping
40% leap amid market recovery. These upturns in the token’s value were bolstered by its listing on major exchanges which significantly enhanced its cross-chain communication potential. However, the company's decision to charge
10 cents per ZRO for users to claim their tokens and a disappointing
airdrop campaign marked setbacks. This resulted in a 19% fall in its value, but this dip didn’t last long as the price soared 50% shortly after, aiming for a $10 run. Adding to ZRO's profile are a number of significant developments such as the integration of
Zero Hash to enhance Sui Blockchain accessibility and the verification of a zero-knowledge proof on
Bitcoin for the first time in history. The launch of a LayerZero trade and earn initiative on OKX also generated positive responses. Despite these advances, ZRO Coin still faces stiff competition from other trending altcoins and meme coins. Ultimately, it is possible for ZRO coin's value to reach $10 during this bull run.Analysts have also indicated that LayerZero may be planning an
airdrop of 12M $ZRO tokens in the first half of 2024, a move which could influence the token’s future prospects. Critical developments such as Bitcoin gaining traction and zero-knowledge arms race commencing can also considerably impact the coin. Further innovations, like zero energy storage tech that could potentially enable immortal blockchains, add to the coin’s dynamic potential.
ZRO Coin News Analytics from Sun, 25 Jun 2023 12:01:20 GMT to Fri, 16 Aug 2024 10:58:28 GMT -
Rating 2
- Innovation 4
- Information 5
- Rumor -3
