$ZK ⚠️ Quick warning about the #ZK token #zksync

• The token has been in a clear downtrend since launch with heavy sell pressure from airdrop recipients.
• The token originally had **almost no utility (only governance voting)** while fees on the network are paid in ETH.
• A large portion of supply is allocated to **team, investors, and ecosystem programs**, with unlocks continuing through 2028.
• The project even had a **$5M exploit where an attacker minted ~111M tokens**, which hurt confidence.
• The team is now trying to redesign tokenomics to give the token value (buybacks, staking, etc.), but **those mechanisms are not fully implemented yet**.

Bottom line:
Good ZK technology ≠ good token.

Right now the token looks like **a governance token with inflation and weak value capture**, so be careful treating it as an "investment"