Zero-Knowledge Proof Imposes $50K Daily Limit to Curb Whale Activity, Experts Weigh In
Whitelist Launch and Auction Structure: Zero Knowledge Proof (ZKP) has opened its whitelist for an Initial Coin Auction (ICA), allowing users to participate in daily on-chain auctions for 200 million tokens, with pricing determined by real market activity rather than preset valuations.
Market-Driven Pricing Model: The auction model enables users to influence token prices through open bidding, providing flexibility to wait for potentially better price points while ensuring equal access with a daily contribution limit of $50,000 per wallet.
Transparency and Equal Treatment: All transactions and price calculations occur on-chain, eliminating private rounds and hidden bonuses, which supports a fair participation model where every user operates under the same conditions.
Ecosystem Growth and Partnerships: The project includes Proof Pods for decentralized computing tasks and has partnered with the Dolphins rugby team to broaden its reach, emphasizing its commitment to fairness and transparency in the crypto space.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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