ZKC price rises 30% overnight, is this a Christmas gift or a pump before it drops?
Crypto journalist
Anas Hasan
Crypto journalist
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Infinite (ZKC) price surged 30% overnight after weeks of bearish pressure. Today's boundless price forecast suggests that this sudden rally represents more of a Christmas present than a pump-and-dump setup.
Currently trading at over $90 million with a market capitalization of $27 million, ZKC is showing strong signs of recovery after losing more than 80% following the post-TGE decline.
The infinite rides the wave of universal zero knowledge calculation
As the privacy meta gains popularity and many large investors and corporate entities seek to integrate crypto and blockchain technology while securing transactions and maintaining the transparency of DLT, limitless ZKC is becoming increasingly attractive.
Boundless (ZKC) functions as a universal zero-knowledge (ZK) computation protocol that provides scalable, verifiable computation for any blockchain by transferring heavy computation tasks to a decentralized network of provers.
The project has received around $52-54 million in funding from prominent investors including Blockchain Capital, Bain Capital Crypto and Delphi Ventures. Strategic partners include the Ethereum Foundation, Wormhole and EigenLayer.
With a market cap below the typical $500 million cap for projects of this scale, the recent dip offers a compelling opportunity for investors seeking utility tokens.
Infinite Price Prediction: ZKC targets $0.15 split
ZKC is trying to stabilize following a long-term decline, the price is currently recovering from recent lows around $0.11 and moving towards $0.12. The broad structure still reflects weak market conditions, but short-term price action is showing early signs of easing as selling pressure eases.
The 4-hour candles suggest a modest trend reversal, with higher lows forming after a recent breakout test failed to extend lower.
Immediate resistance sits above the current price, while the psychologically important $0.15 zone remains the first major hurdle. This level has repeatedly completed opposite tests and may attract sellers again.
A more meaningful change in market structure can only occur if ZKC takes and holds above the $0.20 range, which is the previous range high and a clear bull market reversal zone.
A successful breakout there would initially open avenues to $0.28, which could extend to the $0.33 range if momentum accumulates.
The RSI has risen sharply from the oversold territory and is now hovering in the mid-range, indicating an uptrend without yet entering overbought conditions.
This suggests more upside potential in the short term, but a correction will likely occur unless the move is confirmed by a break above key resistance.
Overall, ZKC looks set for further growth towards $0.15, with upside acceleration dependent on buyers being able to recapture $0.20.
A failure at resistance could invite another test of the price range or $0.11 support.
PepeNode Raises $2.3M for Privacy Meta Liquidity Space
If Boundless (ZKC) breaks past $0.20 and continues its massive rally, meme coins like Pepenode (PEPENODE) will often benefit from the increased liquidity that follows these types of pumps.
Pepenode is a new crypto project that has raised over $2.3 million despite challenging market conditions. It's a game where you can “mine” coins without the need for expensive computer equipment.
You play the game in your web browser, set up virtual mining nodes and upgrade your resources to get more tokens.
The project It is replicating the success strategy of PEPE, which increased more than 1,000x in the first privacy meta rally in 2023-24.
Now that more people are starting to buy Pepenod miners, the price of the token is expected to increase rapidly.
To join the presale before the price increases, go to the official PepeNode website and connect a crypto wallet like Best Wallet.
You can buy tokens now for $0.0012112 and pay with crypto coins like ETH, BNB or USDT.
You can also use a regular credit or debit card to complete your purchase in seconds.
Visit the official Pepenod website here
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