ZKC - -91.31% in 24 Hours Amidst Sharp Decline in Key Metrics

ZKC experienced a dramatic 91.31% decline in price within 24 hours on OCT 3 2025, closing at $0.3343. This sharp drop followed an already extended bearish trend, with the asset falling by 4015.3% over the past week, 2287.94% in a month, and 6419.75% year-to-date. The recent collapse appears to have been catalyzed by a broader sell-off in related markets and a loss of liquidity, which has caused trading conditions to deteriorate significantly.

The prolonged downward trend has left ZKC with limited support levels intact. Technical indicators have shown increasing bearish divergence, with the RSI hitting extreme oversold levels and the MACD histogram showing a continued contraction. These signs suggest an extended period of price weakness is likely, especially if buying pressure does not emerge from institutional or retail participants. The asset’s performance has also been exacerbated by weak on-chain metrics and declining network activity.

Analysts project that ZKC may continue to face downward pressure in the near term unless a major catalyst emerges to rekindle interest. A potential catalyst could include a regulatory development, a protocol upgrade, or a significant shift in market sentiment. However, with the current trajectory, the market seems unresponsive to such potential triggers, and the asset is showing no signs of a near-term reversal.