ZRO, the native token of
LayerZero, has experienced significant price volatility with a drop of 17% following a controversy over its 'not an airdrop'. Despite this, price stability has been linked to various factors, and future predictions forecast promising growth. High-profile figures like
Charles Hoskinson are showing interest in the altcoin, supporting it over more established cryptos like Solana. Notably,
ZRO defied the trend of declining airdrops, surging 40% over one weekend. This trend continued with ZRO outperforming popular cryptos like XRP and PEPE. Major cryptocurrency exchanges like
OKX and
Binance have added ZRO to its spot market, providing more access for traders and investors. However, LayerZero has faced
criticism over its token distribution strategy and the fees charged for claiming tokens. Conversely,
LayerZero rewards active users and has taken measures against Sybil attacks by redistributing unclaimed tokens. Looking ahead, industry experts foresee potential 10X price surges for ZRO, alongside other promising cryptos such as ONDO. As with any rise, there could be a sharp fall. Yet, despite recent controversies and disappointments, community engagement remains strong with a
5M ZRO token allocation for LayerZero's community program.
ZRO Coin News Analytics from Tue, 27 Apr 2021 10:38:06 GMT to Tue, 01 Oct 2024 07:00:00 GMT -
Rating 7
- Innovation 5
- Information 6
- Rumor -3
