DoubleZero’s 2Z Price Today Plunges 44% After TGE As Jump Crypto Moves Millions to Binance
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- 2Z token dives 44% after TGE as Jump Crypto sends tokens to Binance.
- Whales move millions in 2Z within 24 hours, sparking heavy sell pressure.
- DoubleZero gains SEC clarity but faces early bearish trading sentiment.
DoubleZero (2Z) price has experienced a notable pullback on its first day of trading. DoubleZero, which is focused on building a decentralized physical infrastructure network (DePIN), had its 2Z token price drop by over 44% in the first 24 hours after its token generation event (TGE) to trade at around $0.51 at press time.
Related: SEC Grants Rare No-Action Letter for DoubleZero, Declares 2Z Not a Security
Why Did 2Z Price Slide After Its Hyped Launch?
The mid-cap altcoin, with a fully diluted valuation of about $5.2 billion, has experienced heightened bearish pressure due to a mixed reasons including:
Supply Shock Impact
After its TGE, 2Z e…
Read The Full Article DoubleZero’s 2Z Price Today Plunges 44% After TGE As Jump Crypto Moves Millions to Binance On Coin Edition.
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