Current market data shows that established digital assets are stuck in a holding pattern. The Shiba Inu coin price is sliding further as community interest cools off. Similarly, the Ethereum price USD remains stagnant despite signs that large investors are still buying. Both tokens indicate a market that lacks a clear spark for a breakout.
Because of this, many are shifting their focus to projects with active growth models, and Zero Knowledge Proof (ZKP) is leading the way after being featured on CoinMarketCap. This listing puts ZKP in front of millions of researchers every day.
With its open presale auction, innovative Proof Pods, and expert projections of a 500x ROI, ZKP is making a strong case for itself. If you are looking for the best crypto to buy right now, here is a closer look at the current landscape.
Shiba Inu Coin Price Hits Major Downward Barriers
The Shiba Inu coin price is struggling to find its footing, currently trading below $0.000070 after five straight days of losses. This dip is happening right as social media buzz hits yearly lows, with discussion rates dropping to just 0.032%.
Market data from the derivatives sector confirms this bearish mood. Open interest on Bitmex has fallen to a yearly low of $50,140, while the long-to-short ratio of 0.83 shows that most traders are betting on further drops. With an RSI of 32, the token is technically “oversold,” but momentum remains weak.
If the selling doesn’t stop, the Shiba Inu coin price could soon test its October floor of $0.0000067. For those deciding on the best crypto to buy right now, waiting for a confirmed trend change is likely the safest move. A successful bounce could eventually target $0.0000085, but current signals suggest caution.
Ethereum Price USD Meets Strong Selling Pressure
Turning to the second-largest asset, the Ethereum price USD is hovering near $2,930. Interestingly, while the price stays flat, “whales” are busy accumulating. Since late December, large holders have added about 100,000 ETH to their wallets, a haul worth roughly $290 million.
Major institutional players like Bitmine have been particularly active, picking up 29,463 ETH recently. While technical charts show a “bullish divergence” on the RSI, meaning the selling might be running out of steam, the Ethereum price USD still needs to clear the $3,122 mark to confirm a real rally.
If it breaks that resistance, targets like $3,436 and $3,690 come into play. However, a drop below $2,615 would void this positive outlook. For investors hunting for the best crypto to buy right now, Ethereum is in a “wait and see” phase where high buying hasn’t yet triggered a price surge.
Zero Knowledge Proof Reaches Millions Through CoinMarketCap
Zero Knowledge Proof (ZKP) is gaining massive global exposure after landing a feature on CoinMarketCap. Analysts now project a 500x ROI potential as the project enters the mainstream. Since CoinMarketCap is the go-to tool for global research, ZKP is now visible to everyone looking for the best crypto to buy right now.
The project uses a 24-hour presale auction that releases 200 million tokens daily. This model is built for fairness; tokens are shared proportionally based on how much you contribute. If you contribute 10% of the day’s pool, you get 10% of the 200 million tokens, exactly 20 million ZKP.
Participants can use 24 different assets, such as ETH, USDT, or BNB, and every transaction is verifiable on-chain. This transparency is a major draw for those tired of traditional, opaque presale models.
This new visibility has also boosted demand for Proof Pods. These $249 hardware devices handle AI validation for the network and pay out rewards based on the previous day’s presale auction price. By combining a top-tier listing with working hardware, ZKP is proving it belongs alongside the market’s biggest names.
Key Takeaways
The outlook for the most famous coins remains uncertain. The Shiba Inu coin price is fighting a downward trend and low social interest. Meanwhile, the Ethereum price USD is range-bound, waiting for institutional buying to finally move the needle.
In contrast, Zero Knowledge Proof (ZKP) is accelerating. Its CoinMarketCap presence has validated the project for a global audience, while its auction system and Proof Pods offer a clear path for participation. When considering the best crypto to buy right now, ZKP stands out for its transparency and active ecosystem.
Explore Zero Knowledge Proof:
Auction: https://auction.zkp.com/
Website: https://zkp.com/
X: https://x.com/ZKPofficial
Telegram: https://t.me/ZKPofficial
The post SHIB & ETH Lose Momentum as Zero Knowledge Proof Goes Live on CoinMarketCap With 500x Projections appeared first on Blockonomi.
Source: https://blockonomi.com/shib-eth-lose-momentum-as-zero-knowledge-proof-goes-live-on-coinmarketcap-with-500x-projections/
