ZKC -120.48% 24Hr Drop Amid Volatile Market Correction

Generated by AI AgentCryptoPulse Alert
Thursday, Oct 16, 2025 12:31 am ET1min read
Aime RobotAime Summary

- ZKC plunged 120.48% in 24 hours on Oct 16, 2025, marking its largest single-day correction.

- Despite 129.14% 7-day recovery, the token fell 5864.28% in one month and 8080.03% annually.

- Technical indicators show failed support levels and liquidity concerns amid rapid liquidations.

- Analysts link the crash to macroeconomic pressures and capital flight from risk assets, though no direct catalyst was identified.

On OCT 16 2025, ZKC dropped by 120.48% within 24 hours to reach $0.1806, ZKC rose by 129.14% within 7 days, dropped by 5864.28% within 1 month, and dropped by 8080.03% within 1 year.

The sharp decline reflects a dramatic short-term correction, with the token experiencing a near 120% drop within a single trading day. While it partially recovered in the following seven days, the broader one-month and one-year trends remain heavily bearish, indicating a prolonged downturn. The 24-hour drop marks one of the largest single-day corrections in ZKC’s recent history, signaling potential distress in its market fundamentals or heightened sensitivity to macroeconomic factors.

Technical indicators suggest a continuation of bearish momentum. The token has failed to hold above key support levels and has experienced multiple failed rebounds, raising concerns about liquidity and market confidence. Traders and analysts have observed a pattern of rapid liquidation events and a lack of stabilizing buy pressure, contributing to the sustained downward trajectory.

ZKC’s price behavior also suggests a potential reaction to underlying macroeconomic pressures. Analysts project that ZKC’s performance may be influenced by broader capital flight from risk assets, especially in light of recent macroeconomic indicators and global market conditions. While no specific catalyst has been identified, the rapid and extreme nature of the price movement points to a significant shift in sentiment.

Comments



Add a public comment...
No comments

No comments yet