ZKC -3281.18% in 1 Year Amid Sharp Decline in Market Confidence

On SEP 23 2025, ZKC dropped by 512.47% within 24 hours to reach $0.6313. Over the past seven days, it plummeted by 1857.35%, and within one month and one year, the token has fallen by 3281.18% in both timeframes. This sharp and sustained decline has raised significant concerns among investors and market analysts.

The recent collapse of ZKC has been attributed to a combination of governance-related controversies and a lack of progress in key development milestones. Investors who previously positioned ZKC as a long-term growth asset are now scrambling to assess the fundamental stability of the project. The token’s performance has been increasingly disconnected from broader market movements, indicating a loss of confidence that is not easily attributed to macroeconomic conditions.

The token’s sharp decline has also been exacerbated by on-chain activity, with several large holders liquidating their positions in a short window. This has led to an imbalance between supply and demand, further pressuring the price. While the team has issued a statement emphasizing ongoing development efforts, the market has not responded positively to such reassurances. Analysts project that unless there is a material shift in the token’s fundamentals, the current bearish momentum is likely to persist.

The technical analysis of ZKC’s price behavior reveals a strong bearish bias. Multiple indicators—such as the RSI, MACD, and Bollinger Bands—have confirmed a sustained downtrend. The RSI has remained below 30 for an extended period, indicating oversold conditions, while the MACD line continues to trend downward with no signs of a bullish crossover. Intraday volatility has also decreased, suggesting that the market is in a state of consolidation after a prolonged sell-off.