All right, let's get into today's crypto airdrop Alpha, starting off with the big piece of news, which is that the ZK sync token is now claimable. So if you qualified for this airdrop, you can claim your tokens, delegate your tokens, or just sell them. Now, the claim process itself is relatively smooth. You don't even have to pay gas for transaction costs; that is covered.
Before you can actually claim your tokens, you do have to choose somebody to delegate them to. If you want to delegate your tokens to me, Crypto Cove, then you can go ahead and do that; otherwise, you can find someone else in the list. This doesn't actually give your tokens to anyone else or lock them up or stake them. This is just delegating voting power.
And then after that, if you decide to sell them at any point, it doesn't make a difference in terms of the actual token price itself. It's currently hovering around 23 cents per token, giving this a market cap of just under 850 million and an FTV of just under $5 billion. If you're looking for a spot to sell it, it's already listed on a bunch of tier one exchanges including Binance. And then, of course, you can use decentralized exchanges on ZK sync as well.
In terms of what I plan on doing with my tokens personally, I do plan on selling some because I've learned my lesson from a few mistakes in the past where I held onto things thinking that it would go up, and it just kept on dumping. However, in this case, I do think that ZK sync, relative to some other L2s and with comparable levels of funding, etc., is probably going to at least have some sort of pump at some point. I would be surprised if it just kept going down forever. I'm not buying more tokens for sure, but I do plan on sort of dollar-cost averaging out of my position and then holding a small moon bag.
Congratulations to everyone that got this airdrop. Now if you didn't qualify for the original ZK sync airdrop, there are a few other ways that you could get the token. Apparently, Binance is dropping 10 million tokens to people that were left out. So if you find your wallet on one of these lists here, then you might actually qualify for some free ZK from Binance. It's not a whole lot, but free money is free money. And then, of course, moving forward, there will be ways that you can get ZK tokens from ecosystem Partners.
Q: What is the update on the ZK Sync Token Airdrop?
A: The ZK Sync token is now claimable, and the claim process is smooth without the need to pay gas for transaction costs.
Q: How can I delegate tokens in the ZK Sync Airdrop?
A: Before claiming your tokens, you need to choose someone to delegate them to. Delegating tokens in ZK Sync does not give your tokens to anyone else; it is just delegating voting power.
Q: What is the market overview of ZK Sync Tokens?
A: ZK Sync tokens are currently priced at around 23 cents per token with a market cap of just under 850 million. The tokens are listed on tier one exchanges including Binance and can also be traded on decentralized exchanges on ZK sync.
Q: What is a recommended personal token strategy for ZK Sync Tokens?
A: It is recommended to sell some tokens, considering the market dynamics. While not buying more tokens, a strategy of dollar-cost averaging out of the position and holding a moon bag is suggested.
Q: Are there opportunities to obtain ZK Tokens if I missed the original airdrop?
A: Binance is dropping 10 million tokens to those who were left out of the original ZK sync airdrop. Additionally, there will be opportunities to obtain ZK tokens from ecosystem partners in the future.
