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The Polyhedra Network price has crashed 83% in the last 24 hours to trade at $0.346 as of 3:49 a.m. EST on a 78% drop in trading volume to $1.8 billion.
The ZKJ token crashed in just a couple of hours, dropping from $2 to an intra-day low of $0.27 after abnormal trades on the KOGE/ZKJ pair. Data from Arkham Intelligence shows multiple wallets pulled millions in liquidity, and then dumped huge amounts of ZKJ back into the market.
The first signs of trouble came from KOGE.
Its pool ran out of USDT, leaving LPs stuck without exit liquidity.
Traders rushed to swap KOGE into ZKJ
Starting a wave of panic selling and breaking ZKJ’s price floor.
Both tokens started to fall
(3/8) pic.twitter.com/4mDgecgPKn
— StarPlatinum (@StarPlatinumSOL) June 15, 2025
Three wallets in particular coordinated to pull liquidity from the KOGE/ZKJ pools, swapped KOGE for ZKJ, and immediately dumped on the market, while other spooked investors dumped directly, causing violent price drops.
The rapid sale of over $7 million worth of tokens crashed the price, liquidating traders for hundreds of millions.
Polyhedra Network Price Oversold Signals Hint At Possible Rebound
The ZKJ/USDT chart paints a brutal picture as the token was cruising steadily around the $2.00 mark until a massive red candlestick hit. Currently, the price sits at $0.346, with a measly 4.1% recovery in the last hour, but after an 83% wipeout, that’s insignificant.
The Relative Strength Index (RSI) at 30.66 is in oversold territory, suggesting a potential bounce if bulls step up. Meanwhile, the Moving Average Convergence Divergence (MACD) shows a bullish crossover.
Some call the whole incident a rug pull, but others say it’s just market manipulation. Nevertheless, the volume spike during the crash backs the idea of some shady moves. With ZKJ in the crypto gutter, short-term pain is likely.
ZKJUSD Analysis Source: Tradingview
Polyhedra Network Price Support Zone At $0.25–$0.17 Faces Testing
Traders can expect support around $0.2534 (the low) or even 0.1700 if bears keep exerting pressure. On the flip side, $0.50 may offer a psychological resistance level, and breaking that could signal a weak recovery.
Long-term, it’s a coin toss. If the project’s team drops some positive updates or the abnormal trades get clarified, the ZKJ price might claw back to $1.00 by the end of Q3. But if it is indeed a rug pull, the crypto might linger below $0.30, perhaps even crash lower as American investors wake up to their portfolios obliterated.
Investors might want to let the dust settle first before making any moves and possibly dip a toe in if the RSI climbs past 40. For now, it’s a wait-and-see game.
Bitcoin Hyper Presale Heads To $2M – Best ICO Crypto To Buy Now?
While the Polyhedra Network tries to manage an ugly situation, investors are flocking to Bitcoin Hyper (HYPER), a new crypto project that’s like strapping a rocket engine to the Bitcoin network.
This Bitcoin-themed meme coin is promising to fix Bitcoin’s sluggish transactions and high fees while keeping its rock-solid security. And it’s already turning heads, with over $1.3 million raised in its ongoing presale.
Bitcoin Hyper is built on the Solana Virtual Machine (SVM), which is like borrowing Solana’s lightning-fast tech to supercharge Bitcoin’s network. Think transactions that settle in seconds, not minutes, with extremely low fees.
What’s more, it opens the door to technologies like smart contracts, DeFi apps, and even meme coins, all running on Bitcoin’s backbone.
🚨 Bitcoin Hyper is now live in Best Wallet! 🚨@BTC_Hyper2 is building Bitcoin’s first Layer 2 focused on real scalability — enabling fast, cheap BTC transactions, meme coins, dApps, and more.
It’s secured by Bitcoin L1 and powered by Solana VM tech for high speed and massive… pic.twitter.com/5Ktj12RCR1
— Best Wallet (@BestWalletHQ) June 5, 2025
The project allows investors to deposit their Bitcoin into a secure system called a Canonical Bridge. It gets “wrapped” so you can use it on Bitcoin Hyper’s Layer 2 for fast, cheap transactions, staking, or trading.
When you’re ready, you can swap it back to regular Bitcoin, no hassle. It’s like giving Bitcoin a turbo mode without losing its core strength.
The idea is so ingenious that even 99Bitcoins, a popular crypto channel on YouTube with over 723K subscribers, says that HYPER is one of the best crypto ICOs to buy right now.
Currently, HYPER tokens are going for $0.0119, but that price is expected to tick up in less than 8 hours.
Early buyers can also stake their tokens for a 577% APY, though that drops as more people jump in, so timing matters.
Interested investors can grab tokens with crypto like ETH or even a credit card on the Bitcoin Hyper website.
Visit the Bitcoin Hyper website.
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