Nov 26, 05:07 AM

Zircuit's $ZRC Token Launches with $653 Million Market Cap, 10 Billion Supply, and 21% Airdrop Allocation

Zircuit's token, $ZRC, has officially launched its Token Generation Event (TGE), allowing trading on major exchanges such as Bybit and Crypto.com. The total supply of $ZRC is 10 billion, with 21% allocated for airdrops and community rewards. The first season of airdrops accounts for 7%, followed by 3% in the second season and 2.45% for other collaborative activities, leaving 8.55% for future rewards. Currently, 21.95% of the tokens are in circulation due to a one-year lock on most of the remaining supply. The token's market capitalization is approximately $653 million, with a fully diluted valuation of $600 million and a total value locked (TVL) in staking of $2.2 billion. After its launch, $ZRC stabilized around $0.6, later rising to $0.7, indicating a positive market response compared to previous launches.

#Zircuit #Token Generation Event #Bybit

Written with ChatGPT (GPT-4o mini).