The $ZKP token launch yesterday once again delivered a lesson in market volatility. The project kicked off with a 250M FDV valuation, then immediately tanked to 120M within minutes—this happened before presale participants could even unlock their tokens. Reality check: the token had already dropped to around 110M FDV by the time most early buyers decided to exit, with a 50% vesting schedule locked in from day one. Current FDV sits at 100M, matching the original target but arriving there through a brutal drawdown rather than organic momentum. Another cautionary tale for anyone betting on launch day rallies.
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SchrodingerProfit
· 6h ago
250 million directly cut down to 100 million, this wave of cutting is really ruthless.
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GhostAddressMiner
· 6h ago
Here we go again with the same trick, 250 million directly plunging to 100 million, and the pre-sale participants haven't even unlocked their tokens yet, but the dump has already started... I've seen this tactic too many times.
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FDV dropped from 2.5 billion to 1.1 billion, what does that mean? It indicates that insiders have been selling off early, and on-chain footprints can't be fooled.
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Locking 50% ownership is pointless. I’m watching the large addresses in the primary market; when they unlock, it will be the next wave of capital migration.
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I really don’t understand why some still expect the price to rise on launch day. It’s always the same routine.
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That’s why I only focus on real on-chain fund flows. FDV numbers are just a smokescreen; those dormant wallets are the real signals.
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Turning back to 1 billion, "in line with the original intention"... Haha, aligning with the bottom through dumping is a brilliant tactic.
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Has anyone traced back the early large addresses that dumped and ran away? I bet fifty cents they’re now involved in new projects.
The $ZKP token launch yesterday once again delivered a lesson in market volatility. The project kicked off with a 250M FDV valuation, then immediately tanked to 120M within minutes—this happened before presale participants could even unlock their tokens. Reality check: the token had already dropped to around 110M FDV by the time most early buyers decided to exit, with a 50% vesting schedule locked in from day one. Current FDV sits at 100M, matching the original target but arriving there through a brutal drawdown rather than organic momentum. Another cautionary tale for anyone betting on launch day rallies.