On September 15, 2025, the cryptocurrency market welcomed a new impressive participant — the ZKC coin. However, its debut turned out to be a brief flash. At the opening, the ZKC coin appeared with an astonishing price of $1.79, and its market capitalization temporarily rose to $350 million. But the joy was short-lived: within just a few hours, its price plummeted by 75%, reaching $0.44. This sharp fluctuation, caused by an airdrop of 15 million coins, made investors doubt the future of the ZKC coin.

The short-term dynamics of the ZKC coin are on a thin balance. On one hand, the monetary policy of the US Federal Reserve in 2025 creates new liquidity expectations for crypto assets. Considering the fluctuations of Bitcoin and Ethereum in key price ranges, investor attention is beginning to focus on promising new coins. As a representative of zero-knowledge technology (ZK), the ZKC coin finds itself at the center of this attention. Industry analysts believe that such a capital flow could contribute to a phase recovery of the ZKC coin by the end of the year, especially considering that recently launched innovative projects of the Alpha platform have already somewhat lifted market sentiment.

Nevertheless, the ZKC coin still faces significant sell-off risk. Although the initial wave of airdrop coin sales has already passed, blockchain data shows that there is still a considerable amount of coins held by early investors that are in the unlocking period. Many investors have set sell orders in the range of $0.4-$0.5, which may limit the growth potential of the ZKC coin in the short term.

The fate of the ZKC coin depends not only on short-term market emotions but also on deeper factors such as its technical strength, tokenomics model, overall market condition, and ecosystem development, which will have a significant impact on its future. As a newcomer with zero knowledge, whether the ZKC coin can establish a sustainable position in the competitive crypto asset market remains to be seen.

Investors, while paying attention to the potential opportunities of the ZKC coin, should also be cautious and fully aware of the high risks of crypto assets. The future of the ZKC coin may be winding, but its technological innovations and market demand could become an important support for its long-term development.