Traders continue searching for the top bullish crypto as market conditions shift. The latest Uniswap (UNI) price movement shows the token sliding below key support levels, while Pi coin price displays signs of a potential breakout as exchange supply drops. These movements reflect current positioning among established tokens. But a new crypto Zero Knowledge Proof [...] The post Uniswap’s Drop & Pi Coin’s Struggle Push Traders Towards Zero Knowledge Proof’s Upcoming 200M Daily Coin Auction appeared first on Blockonomi.Traders continue searching for the top bullish crypto as market conditions shift. The latest Uniswap (UNI) price movement shows the token sliding below key support levels, while Pi coin price displays signs of a potential breakout as exchange supply drops. These movements reflect current positioning among established tokens. But a new crypto Zero Knowledge Proof [...] The post Uniswap’s Drop & Pi Coin’s Struggle Push Traders Towards Zero Knowledge Proof’s Upcoming 200M Daily Coin Auction appeared first on Blockonomi.

Uniswap’s Drop & Pi Coin’s Struggle Push Traders Towards Zero Knowledge Proof’s Upcoming 200M Daily Coin Auction

Traders continue searching for the top bullish crypto as market conditions shift. The latest Uniswap (UNI) price movement shows the token sliding below key support levels, while Pi coin price displays signs of a potential breakout as exchange supply drops.

These movements reflect current positioning among established tokens. But a new crypto Zero Knowledge Proof (ZKP) has been a major point of discussion for its unique model with its auction-based distribution system.

The ZKP crypto is set to introduce a daily auction mechanism that will distribute 200 million tokens every 24 hours, creating transparent and proportional entry. With this structure designed to set reference prices for the entire ecosystem, Zero Knowledge Proof positions itself as a notable top bullish crypto contender.

Uniswap Price Movement Reflects Continued Pressure

Uniswap trades near $6.17, reflecting continued pressure after sliding from higher levels. The Uniswap (UNI) price movement shows the token down 13.7% over the past seven days, underperforming the broader crypto market, which declined 6.7% during the same period. Trading volume dropped 49% to $1.14 billion, indicating reduced activity following a brief rally.

Recent data shows $56 million in UNI flowing to Binance, suggesting short-term profit-taking from holders. The token now trades below the $6.50 level that analysts identified as key support. The Relative Strength Index sits at 59, showing neutral momentum. While the Uniswap Foundation proposed activating a fee switch mechanism, market response remains muted as traders adopt a cautious approach.

Can Pi Coin Price Breakout?

Pi coin price reached $0.25 after climbing 18% on Thursday, moving above its October lows, though still far below its $2.99 all-time high from February. The Pi coin price shows signs of potential breakout activity as total supply held on centralised exchanges dropped sharply, with net outflows of 1.9 million tokens over 24 hours.

Exchange balances now sit around 426.3 million tokens, worth approximately $107.6 million. The technical setup shows Pi coin breaking out from a descending parallel channel pattern on the 4-hour chart.

The token also moved above its 50-day exponential moving average, suggesting growing buying interest. However, the Pi coin price remains in early stages, and failure to maintain momentum could see a resumption of its previous downward trajectory.

How Zero Knowledge Proof (ZKP) Auctions Will Work

Zero Knowledge Proof (ZKP) crypto’s unique auction-based distribution model will work differently from traditional presales. Instead of fixed prices or private allocations, ZKP coin’s upcoming presale auction will run on a proportional system that refreshes every 24 hours.

Each day, a new auction window will open based on UTC time, inviting participants to contribute using ETH, USDC, USDT, and BNB. All contributions are verified in real time and recorded on-chain, eliminating gas wars or early-entry advantages.

At the end of each 24-hour window, exactly 200 million ZKP coins will be distributed proportionally among all participants based on their share of that day’s total contributions. This creates a contribution-based model where your token share ties directly to how much you contribute compared to the total pool.

For example, if the total pool receives 1,000 USDC and you contribute 100 USDC, you hold 10% of the pool and receive 20 million ZKP coins from that day’s distribution. The daily auction parameters include a fixed 200 million ZKP coin release per 24-hour window, with a total presale allocation of 90 billion ZKP coins representing 35% of the total 257 billion supply.

Settlement will happen immediately, as ZKP coins will become claimable right after each auction window closes. The system accepts payment through ETH, USDC, USDT, BNB, and 20+ other assets, making it accessible without barriers to entry.

Each day’s closing price becomes the reference benchmark used to calculate Proof Pod rewards for the next 24 hours. Proof Pods validate compute tasks and earn ZKP coins based on the value established by the previous day’s auction. This creates a feedback loop where auctions determine price, pods earn based on that price, and contributors plus validators remain aligned through one shared value mechanism. This structure makes Zero Knowledge Proof a compelling top bullish crypto option.

Final Thoughts

The search for the top bullish crypto continues as traders evaluate different models and distribution mechanisms. The Uniswap (UNI) price movement reflects selling pressure despite governance proposals, while the Pi coin price tests whether breakout signals translate into sustained movement. These dynamics shape the current environment for established tokens.

Zero Knowledge Proof crypto enters with a distinct approach through its daily auction system. The upcoming 200 million token distribution every 24 hours creates a transparent and proportional access for investors without any private rounds. The auction’s role in setting reference prices for Proof Pod rewards ties distribution directly to ecosystem functionality.

With immediate settlement and on-chain verification, Zero Knowledge Proof (ZKP) presents a model where fairness and utility operate together, positioning it as a strong top bullish crypto candidate.

Join the Whitelist Now:
Website: https://zkp.com/

The post Uniswap’s Drop & Pi Coin’s Struggle Push Traders Towards Zero Knowledge Proof’s Upcoming 200M Daily Coin Auction appeared first on Blockonomi.

Market Opportunity
Pi Network Logo
Pi Network Price(PI)
$0.20542
$0.20542$0.20542
+0.55%
USD
Pi Network (PI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Strive Finalizes Semler Deal, Expands Its Corporate Bitcoin Treasury

Strive Finalizes Semler Deal, Expands Its Corporate Bitcoin Treasury

Strive had finalized its acquisition of Semler scientific after securing the approval of shareholders earlier in the week. The final deal brought both firms’ Bitcoin
Share
Tronweekly2026/01/17 12:30
Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun

Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun

The post Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun appeared on BitcoinEthereumNews.com. San Juan, Puerto Rico’s La Factoría
Share
BitcoinEthereumNews2026/01/17 12:24
EUR/CHF slides as Euro struggles post-inflation data

EUR/CHF slides as Euro struggles post-inflation data

The post EUR/CHF slides as Euro struggles post-inflation data appeared on BitcoinEthereumNews.com. EUR/CHF weakens for a second straight session as the euro struggles to recover post-Eurozone inflation data. Eurozone core inflation steady at 2.3%, headline CPI eases to 2.0% in August. SNB maintains a flexible policy outlook ahead of its September 25 decision, with no immediate need for easing. The Euro (EUR) trades under pressure against the Swiss Franc (CHF) on Wednesday, with EUR/CHF extending losses for the second straight session as the common currency struggles to gain traction following Eurozone inflation data. At the time of writing, the cross is trading around 0.9320 during the American session. The latest inflation data from Eurostat showed that Eurozone price growth remained broadly stable in August, reinforcing the European Central Bank’s (ECB) cautious stance on monetary policy. The Core Harmonized Index of Consumer Prices (HICP), which excludes volatile items such as food and energy, rose 2.3% YoY, in line with both forecasts and the previous month’s reading. On a monthly basis, core inflation increased by 0.3%, unchanged from July, highlighting persistent underlying price pressures in the bloc. Meanwhile, headline inflation eased to 2.0% YoY in August, down from 2.1% in July and slightly below expectations. On a monthly basis, prices rose just 0.1%, missing forecasts for a 0.2% increase and decelerating from July’s 0.2% rise. The inflation release follows last week’s ECB policy decision, where the central bank kept all three key interest rates unchanged and signaled that policy is likely at its terminal level. While officials acknowledged progress in bringing inflation down, they reiterated a cautious, data-dependent approach going forward, emphasizing the need to maintain restrictive conditions for an extended period to ensure price stability. On the Swiss side, disinflation appears to be deepening. The Producer and Import Price Index dropped 0.6% in August, marking a sharp 1.8% annual decline. Broader inflation remains…
Share
BitcoinEthereumNews2025/09/18 03:08