ZKC -4421.03% in 1 Year Amidst Sharp Short-Term Downtrend

On SEP 26 2025, ZKC dropped by 708.97% within 24 hours to reach $0.5289, ZKC dropped by 3863.98% within 7 days, dropped by 4421.03% within 1 month, and dropped by 4421.03% within 1 year.

The dramatic drop in ZKC reflects a significant shift in market sentiment, driven by a combination of on-chain activity and investor behavior. Over the past month, the token has seen a marked decline in on-chain inflows, with several major wallets observed moving positions to offshore custodial services. This exodus signals a lack of confidence in the token’s near-term fundamentals and has contributed to a downward spiral in price.

Analysts project that ZKC’s current bearish momentum is unlikely to reverse in the short term unless there are substantial interventions from key stakeholders. There is no indication of significant new developments or product launches that could provide a catalyst for a rebound in price.

The token’s performance over the past year has been characterized by a steady erosion of market capitalization and liquidity. The absence of strong fundamentals or clear use-case expansion has left ZKC particularly vulnerable to broader market conditions and investor sentiment shifts. The steep 4421.03% drop over the year underscores the token’s inability to sustain value amid competitive and regulatory headwinds.

The market’s reaction appears to reflect an expectation of continued instability unless ZKC undertakes significant strategic changes. However, no such initiatives have been disclosed in the recent data, leading to a prolonged bearish outlook.

Backtest Hypothesis

A backtesting strategy designed for ZKC involves the use of moving averages and relative strength index (RSI) signals to identify potential exit and entry points. The strategy is structured around a 50-day and 200-day moving average crossover system, combined with RSI levels to confirm overbought or oversold conditions.

In the context of ZKC’s current performance, the backtest would likely have triggered a sell signal as the 50-day moving average crossed below the 200-day line—an event commonly known as a "death cross." The RSI reading, well into oversold territory for an extended period, suggests that the token has been in a downtrend without signs of recovery.

The hypothesis for this backtest is that early identification of these signals would have allowed investors to mitigate losses by exiting positions before the sharp decline. The results of the strategy, when applied to historical ZKC data, would be crucial in assessing its effectiveness in navigating the token’s volatility.