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Traders Rush Toward ZKP Crypto’s $5M Giveaway & 190M Daily Token Allocation as XRP & Zcash Weaken

Traders Rush Toward ZKP Crypto’s $5M Giveaway & 190M Daily Token Allocation as XRP & Zcash Weaken

2026-02-02

Traders Rush Toward ZKP Crypto’s $5M Giveaway & 190M Daily Token Allocation as XRP & Zcash Weaken

Market transitions are often easier to recognize in structure than in price. Participation trends shift, conviction tightens, and traders start seeking clarity over momentum. In the current landscape, Zero Knowledge Proof is emerging as a key talking point for that reason. Its presale auction model, infrastructure-first design, and measurable contribution system stand out amid an uncertain market.

ZKP’s approach places verified participation ahead of speculation, offering transparency where other projects rely on sentiment. Investors are beginning to view its consistent framework as a signal of durable engagement rather than short-term hype.

Around this shift, large-cap assets show growing fatigue. Recent XRP news highlights liquidation-driven volatility, and Zcash’s move below major support reinforces caution. As a result, the discussion around the next crypto to explode is evolving, favoring projects defined by structure, accountability, and verifiable output.

Zcash Nears Breakdown as Sellers Tighten Grip

Zcash is showing renewed volatility after collapsing below major support at $372, putting bulls on alert as momentum shifts decisively toward sellers. Price now hovers near $363, and the slide below its multi‑week trendline has ignited talk of a deeper correction. Traders watching on‑chain metrics note that funding rates are negative.

Open interest has fallen to $212.5 million, its lowest in nearly two months, confirming that weaker hands are leaving the market. With RSI at 36 and momentum trending lower, a flush toward the $300 zone looks increasingly possible unless buyers mount an urgent defense.

XRP Feels the Sell Pressure as Bulls Retreat

XRP just slipped under the critical $2 level, flashing a bearish signal that traders can’t ignore. A new death cross has fueled strong downside momentum, pushing intraday losses beyond 3 percent and sending volume soaring 190 percent to $3.86 billion. The influx of volatility points to liquidation waves rather than fresh demand, highlighting how sentiment flipped almost overnight.

Roughly $40 million in long positions have already been liquidated, while open interest slumped nearly 10 percent. Short‑term charts still show oversold conditions with RSI near 39, but unless bulls reclaim $2 swiftly, XRP risks extending its slide as sellers tighten control over the trend.

ZKP Strengthens Transparency Through Verified Participation

Zero Knowledge Proof continues to stand out for its emphasis on participation, verification, and measurable contribution. Instead of relying on speculative momentum, the project anchors value creation in activity that can be tracked and validated on-chain. At the heart of its framework lies a daily on-chain proportional presale auction that distributes 190 million ZKP every 24 hours.

This ongoing presale auction removes fixed pricing, insider allocations, and early-access advantages. Participants compete equally based on their share of each day’s total contribution pool, creating open and transparent price discovery. The process ensures that every contributor interacts under the same conditions, reinforcing fairness while linking allocation directly to engagement.

Adding to the model’s appeal is a live $5 million giveaway that rewards ten participants with $500,000 worth of ZKP each. Eligibility is tied to measurable engagement during the presale cycle, such as holding tokens and completing verified interactions. Rather than functioning as a short-term campaign, the giveaway encourages sustained involvement and highlights ZKP’s commitment to merit-based participation.

Every element of the network feeds into its accountability system through Proof Pods, dedicated hardware units that perform verified computation. These devices earn ZKP only when their work is validated, with rewards calculated daily using the presale auction’s latest closing price. This design combines transparency, effort, and fair access, placing measurable contribution at the center of ZKP’s growth model.

Final Thoughts

As XRP navigates liquidation-driven swings and Zcash loses ground after breaking key support, traders are becoming more selective about where they place conviction. XRP news serves as a reminder of how fragile leverage can be, while ZEC’s weakness highlights the consequences of fading confidence when technical structure collapses.

Amid this uncertainty, Zero Knowledge Proof offers a clear alternative. Its daily presale auctions, Proof Pod network, and $5 million giveaway place transparency and participation ahead of hype. Whether it becomes the next crypto to explode or not, ZKP is shaping a market narrative built on accountability and verifiable contribution.

Explore Zero Knowledge Proof:

Website: https://zkp.com/

Buy: https://buy.zkp.com/

Telegram: https://t.me/ZKPofficial

X: https://x.com/ZKPofficial

Disclaimer and Risk Warning

This article is a sponsored press release and is for informational purposes only. Crypto News Land does not endorse or is responsible for any content, quality, products, advertising, products, accuracy or any other materials on this article. This content does not reflect the views of Crypto News Land, nor is it intended to be used for legal, tax, investment, or financial advice. Crypto News Land will not be held responsible for image copyright matters. Readers are advised to always do your own research before making any significant decisions.

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