ZKC (Boundless) has pumped 52.00% in the last 24 hours.

Gate News Bot news, on October 17, according to CoinMarketCap, as of the time of writing, ZKC (Boundless) is currently priced at $0.28, with a rise of 52.00% in the last 24 hours, reaching a high of $0.29 and a low of $0.11. The current market capitalization is approximately $55.4 million, an increase of $1.89 million compared to yesterday.

Boundless is a protocol for accessing verifiable computation on any chain and rewarding nodes for contributing useful work. The protocol is built for everyone, including Rollups, node operators, application developers, and individuals. Boundless introduces verifiable work proof, a new way to secure each chain and earn rewards through verifiable computation.

Important news about ZKC recently:

1️⃣ Verifiable Proof of Work Technology Sparks Market Debate The core technology of the Boundless protocol—Verifiable Proof of Work—is attracting widespread attention in the cryptocurrency industry. This innovative technology protects various blockchain networks through verifiable computation, providing node operators with new profit avenues. The technology is expected to promote the development of cross-chain interoperability, enhancing the importance of ZKC in the blockchain ecosystem.

2️⃣ The rapid expansion of the ecosystem promotes token value Boundless is actively expanding its ecosystem, attracting more developers and users to participate. The protocol is not only aimed at node operators but also provides opportunities for application developers and individual users to get involved. This inclusive strategy helps to broaden the application scope and user base of ZKC, providing strong support for the token's value.

3️⃣ Market sentiment shifts to positive, driving price rise The significant rise of the ZKC token in the past few days reflects the market's optimism about the prospects of the Boundless project. Rising from $0.22 on October 13 to the current $0.28 shows strong upward momentum. This price trend may indicate that investors hold an optimistic view of the project's long-term value, driving rapid growth in the short term.

From a technical perspective, ZKC has shown a strong pump trend after breaking through the previous resistance level, and it may continue to maintain its strength in the short term. However, considering the high volatility of the cryptocurrency market, investors should remain cautious and pay attention to potential pullback risks.

This message is not intended as investment advice; investors should be aware of market volatility risks.