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ZkSync Price AnalysisCoinGape
•57% Informative
The price of ZkSync tokens dropped a further 7% during European business hours on Friday to trade at $ 0.198 .
The token is less than a week old but has witnessed a massive sell-off after the team launched their long-awaited airdrop on Monday this week .
ZkSycn network is one of the best layer 2 blockchains, having spent 4 years building and perfecting their network.
The price action is trending below the 50-day simple moving average ( SMA ), which is not bullish.
The daily aggregated ratio of longs vs. shorts is 1.64 , with longs being the majority.
VR Score
38
Informative language
30
Neutral language
22
Article tone
formal
Language
English
Language complexity
40
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
Source diversity
4
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