ZetaChain

<p><em><strong>ZetaChain’s ZETA token surged by over 150% on its first trading day, with liquidations totaling $1.78 million within 24 hours. Despite a drop in trading volume, open interest showed a significant increase, signaling sustained investor interest.</strong></em></p><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/01/Add-a-heading-3.png?fit&#61;900%2C300&amp;ssl&#61;1" /></p><p>Cryptos Headlines Platform Has Launched Its Native Token, Early Public Sale Is Live On <a href="https://cryptosheadlinestoken.com/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></p><p>ZetaChain, a major player in the Layer-1 blockchain sector, grabbed attention in the cryptocurrency market as its native token ZETA surged by more than 150% on its debut trading day. However, by Friday, the <a href="https://cryptosheadlines.com/foundations-respond-to-sec-lawsuit-allegations-leading-to-price-stability-for-sol-ada-matic/" rel="noopener noreferrer nofollow">price stabilized</a> at $1.81, indicating a consolidation phase for ZETA.</p><h3 id="zetachain-s-liquidation-data-and-market-performance">ZetaChain’s Liquidation Data and Market Performance</h3><p>According to CoinGlass, the latest liquidation <a href="https://cryptosheadlines.com/ethereum-holders-increasingly-transferring-coins-to-centralized-exchanges-on-chain-data-reveals/" rel="noopener noreferrer nofollow">data revealed</a> a total liquidation value of $1.78 million over a 24-hour period. Long positions contributed $1.09 million, while <a href="https://cryptosheadlines.com/uma-price-soars-80-3m-shorts-liquidated-heres-why/" rel="noopener noreferrer nofollow">short positions added $691,110 thousand to the overall liquidation</a> figure.</p><p>Despite the significant liquidation activity, there was a notable decrease in <a href="https://cryptosheadlines.com/unusual-trading-volumes-observed-for-4-altcoins-on-south-korean-cryptocurrency-exchanges/" rel="noopener noreferrer nofollow">trading volume</a>, down by 39.99% to $799.26 million. However, amidst this decline, the number of open positions surged by 21.65% to $40.13 million, indicating sustained <a href="https://cryptosheadlines.com/binance-investors-interested-in-ai-project-3-reasons-to-watch-inqubeta/" rel="noopener noreferrer nofollow">investor interest</a>.</p><h3 id="zetachain-s-cross-chain-capabilities-and-smart-contract-support">ZetaChain’s Cross-Chain Capabilities and Smart Contract Support</h3><p>ZetaChain boasts support for multiple chains, including EVM, Cosmos/IBC, Bitcoin, Dogecoin, Tron, and more, aiming to facilitate seamless <a href="https://cryptosheadlines.com/bitcoin-holders-in-profit-after-11-months-according-to-blockchain-data/" rel="noopener noreferrer nofollow">data and native value transfers between different blockchains</a>.</p><p>Moreover, ZetaChain recently announced native support for <a href="https://cryptosheadlines.com/stellar-and-certora-enhance-soroban-smart-contract-security/" rel="noopener noreferrer nofollow">smart contracts</a>. This development enables developers to create omnichain decentralized applications (dApps) capable of efficiently managing investments across multiple chains using a single contract.</p><h3 id="zetachain-s-zeta-token-listings-and-trading-features">ZetaChain’s ZETA Token Listings and Trading Features</h3><p>Both Binance and Coinbase, two <a href="https://cryptosheadlines.com/a-leading-cryptocurrency-exchange-is-currently-being-investigated-posing-a-potential-challenge-for-the-crypto-market/" rel="noopener noreferrer nofollow">leading cryptocurrency exchanges</a>, have recently announced the listing of ZetaChain’s native token, ZETA, further solidifying its presence in the crypto market. Following suit, OKX exchange revealed plans to offer ZETA/USDT perpetual <a href="https://cryptosheadlines.com/binance-introduces-20x-leverage-for-trading-futures-of-this-altcoin/" rel="noopener noreferrer nofollow">futures trading with up to 50x leverage</a> starting from February 2nd at 3:30 AM (UTC).</p><p><a href="https://cryptosheadlines.com/vechain-surpasses-200m-transactions-with-walmart/" rel="noopener noreferrer nofollow">Also Read:   VeChain Surpasses 200M Transactions with Walmart</a></p><p>On the same date, OKX activated margin trading and Earn features for the ZETA token, complementing the listing of the ZETA/USDT pair on OKX’s spot cryptocurrency market on February 1st at 3:00 AM (UTC).</p><h3 id="continued-zeta-airdrop-and-future-price-speculation">Continued ZETA Airdrop and Future Price Speculation</h3><p>According to statements from ZetaChain, the ZETA airdrop remains active, reminding users to add their wallets to the claim list to receive ZETA tokens.</p><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/cryptosheadlines002.jpg?resize&#61;530%2C760&amp;ssl&#61;1" /></p><p>Market analysts anticipate a <a href="https://cryptosheadlines.com/binance-boosts-support-for-pepe-and-floki-potential-price-rally-ahead/" rel="noopener noreferrer nofollow">potential price rally</a> for ZETA following the current consolidation phase, with some suggesting a target price of $5.</p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.ze</em></p>

ZetaChain’s ZETA Token Surges in Crypto Market Attention

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CryptosHeadlines.com

Alte articole publicate pe 3 feb. 2024

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