ZKC +95.45% in 24 Hours Amid Market Volatility

On OCT 12 2025, ZKC surged by 95.45% within 24 hours, reaching $0.1776. This marks a dramatic short-term reversal after an extended downturn. Over the last seven days, the token has declined by 4122.26%, while over a one-month and one-year horizon, it has dropped by 5878.04% and 8086.42%, respectively. The recent spike suggests a potential turning point in sentiment or activity surrounding the asset.

ZKC's 24-hour rally has drawn attention due to its stark contrast with prior trends. Analysts project that the surge may be linked to a strategic network upgrade announced in late September, which aimed to enhance transaction speed and reduce gas fees. The upgrade, if successful, could improve the token’s utility and attract a new wave of on-chain activity. However, the broader context remains one of significant volatility, with the token still far below previous peaks in both short- and long-term metrics.

Technical indicators have shown mixed signals in the wake of the 24-hour rise. While short-term momentum appears to have picked up, longer-term indicators continue to reflect a bearish trend. Analysts note that the rally may not necessarily indicate a sustained reversal unless it is accompanied by a rise in on-chain metrics such as active addresses and volume. Without a clear uptrend in these metrics, the gains could remain fragile.

Backtest Hypothesis

To evaluate the sustainability of ZKC's recent movement, a hypothetical backtesting strategy could be applied using historical price data and the technical indicators mentioned. The strategy would focus on key levels identified in the recent 24-hour surge and examine whether a similar pattern has historically led to a sustained upward trend. The model would incorporate moving averages, RSI thresholds, and volume triggers to simulate potential outcomes if the current conditions persist. By testing this approach against past price behavior, the backtest aims to provide a clearer perspective on whether the recent rally might lead to a broader bullish trend or merely a temporary rebound.