ZKC -1843.34% in 1 Year Due to Sharp De-peg and Market Sentiment

On SEP 17 2025, ZKC dropped by 490.14% within 24 hours to reach $0.7646, ZKC dropped by 1843.34% within 7 days, dropped by 1843.34% within 1 month, and dropped by 1843.34% within 1 year.

The cryptocurrency ZKC has experienced an extraordinary and alarming price collapse in the past 24 hours and over the last 30 days. The asset dropped by nearly 500% in a single day and maintained this trajectory with no signs of short-term recovery. This severe de-peg from any stable reference point has raised questions about the underlying mechanisms and market trust in ZKC as a utility or stablecoin-like asset.

Technical indicators confirm the depth and breadth of this decline. ZKC has fallen below all major moving averages, with the RSI now in the extreme oversold territory. However, the market appears to have not reached a bottom, as liquidity appears to be thin and selling pressure remains intense. The absence of a clear support level has further exacerbated the downward spiral. Analysts project that without an immediate liquidity injection or a structural fix, ZKC’s price trajectory may continue to trend lower.

Backtest Hypothesis

A hypothetical backtesting strategy suggests that a position taken on the initial signs of instability could have mitigated losses or generated gains by exiting before the sharp drop. This strategy involves monitoring a combination of on-chain metrics and technical indicators—such as a sustained bearish RSI divergence and declining volume—to trigger an exit. The approach would also incorporate a stop-loss to protect against sudden, unanticipated de-peg events like the one seen with ZKC. While this is a theoretical framework, it aligns with the observed technical breakdown in ZKC’s price action.