ZAMA has recently attracted attention, with a significant price movement and a short-term increase of 3.01%. Several core factors are driving this round of upward momentum.

Most importantly, ZAMA will officially launch a global public auction at 08:00 UTC on January 21. This auction adopts Fully Homomorphic Encryption (FHE) technology, ensuring all bids remain completely confidential and eliminating front-end manipulation and MEV arbitrage issues. In the crypto space, this is the first time a mainstream platform has truly implemented a privacy protection mechanism in token issuance, which is a significant innovation.

Regarding participation thresholds, the auction process does not require paying Gas fees and supports direct bidding with USDT or USDC. This design greatly lowers the entry barrier, allowing ordinary users to participate. Additionally, it is conducted through mainstream centralized exchanges, which means it will gain far more exposure and liquidity support than expected.

The project itself also has strong backing. Top institutions like Pantera and Blockchange are involved, and the project valuation has already surpassed $1 billion. ZAMA aims to solve the infrastructure challenges in the crypto space—how to achieve on-chain privacy without sacrificing the programmability of smart contracts. This direction has clear technical barriers and real application scenarios.

On the eve of the auction, ZAMA has launched a qualification screening tool, and many wallets have already met the participation criteria. This indicates a substantial potential participant base, and market sentiment is gradually building.

From a technical perspective, the trigger price is 0.06160, with a 3.01% increase over 5 minutes, rising to 4.41% over 15 minutes, 4.23% over 30 minutes, and reaching 4.58% over 1 hour. This pace shows that the market is indeed digesting this auction event.