According to @KookCapitalLLC, the recent wave of crypto initial public offerings (IPOs), particularly the success of Circle Internet Group Inc. (USDC), is signaling a major shift in market dynamics. Analyst Aaron Brogan suggests Circle's remarkable post-IPO rally, which pushed its market cap to $43.9 billion, can be attributed to several factors: favorable public market comparisons to companies like MicroStrategy, anticipated regulatory clarity from the U.S. Senate's GENIUS Act for stablecoins, and a lucrative macro environment with rising Treasury yields. This success has reportedly prompted other firms like Gemini and Bullish to pursue public offerings. In sharp contrast to this positive development, Polyhedra's ZKJ token experienced a severe downturn, plummeting over 80% following what the team described as a coordinated liquidity attack. In response, the Polyhedra team injected approximately $30 million in liquidity and announced a buyback plan to restore stability. Adding to the market picture, a survey from CoinShares, highlighted by CEO Jean-Marie Mognetti, reveals strong investor conviction, with nearly 90% of crypto holders planning to increase their allocations and seeking advisors with deep regulatory and risk management expertise.

According to Ai 姨 (@ai_9684xtpa), both ZKJ and KOGE tokens experienced a severe flash crash tonight, which was orchestrated through a coordinated effort by three major addresses. These addresses targeted the unusually high trading volume and liquidity under the Binance Alpha context, executing large-scale liquidity withdrawals combined with continuous heavy selling. This dual pressure resulted in the sequential collapse of both ZKJ and KOGE tokens, with neither escaping the market impact. Traders are advised to closely monitor liquidity movements and large address activities, as such manipulative actions can lead to rapid price declines and increased volatility. Source: Twitter (@ai_9684xtpa, June 15, 2025).

According to Ai 姨 (@ai_9684xtpa), Uniswap V4 has reduced its pool transaction fees to as low as 0.001%, significantly lowering trading costs for tokens like KOGE. Over the past 24 hours, KOGE's Alpha trading volume share has surged to 14.5%, narrowing the gap with $ZKJ. This fee reduction is driving competitive activity among projects, increasing on-chain trading volumes and liquidity, which may affect broader crypto market dynamics. (Source: @ai_9684xtpa on Twitter, June 7, 2025)

According to Ai 姨 on Twitter, ZKJ token—formerly known as ZK—has officially listed on Binance Alpha after previously launching on OKX's new coin mining platform in May 2024 and being active in market making. This rebranding and listing are notable as ZKJ is among the few Binance Alpha projects with a CoinMarketCap ranking in the top 100, indicating strong market capitalization and growing investor interest. For traders, the move signals increased liquidity and visibility for ZKJ, potentially impacting trading strategies and short-term price action across major exchanges (Source: Ai 姨, Twitter, May 7, 2025).