ZKJ (Polyhedra Network) rose 26.09% in the last 24 hours.

Gate News Bot news, on October 23, according to CoinMarketCap data, as of the time of writing, ZKJ (Polyhedra Network) is currently priced at $0.09, having pumped 26.09% in the last 24 hours, with a peak at $0.09 and a low of $0.06. The current market capitalization is approximately $32.5 million, an increase of $6.73 million compared to yesterday. Ranked 666.

Polyhedra Network is a blockchain project focused on the field of artificial intelligence. Its core product EXPchain aims to provide verifiability, data security, and high performance as a foundational layer for AI applications. ZKJ is the native token of Polyhedra Network, used for paying gas fees, providing liquidity, community participation, and governance. Polyhedra Network has also developed multiple zero-knowledge proof technologies, such as MissileProof, Virgo, Orion, etc., to enhance the performance and privacy protection of the blockchain.

Important news about ZKJ recently:

1️⃣ Buyback plan initiated Polyhedra Network announced that it will launch a token buyback plan to respond to the recent sharp decline in ZKJ prices. This initiative aims to stabilize the market, boost investor confidence, and is expected to provide support for the price of ZKJ.

2️⃣ Liquidity attack causes price crash ZKJ once suffered a liquidity attack, leading to its price plummeting by about 80% in a short period. The Polyhedra Network team has confirmed this incident and stated that measures are being taken to prevent similar situations from occurring again to protect investors' interests.

3️⃣ Technical Upgrades and Security Enhancements To address liquidity attack incidents, Polyhedra Network is strengthening its technical architecture and security measures. This includes improving smart contract design, enhancing liquidity pool management, and implementing stricter security audit processes to increase the risk resistance of the entire ecosystem.

From a technical perspective, the recent price rebound of ZKJ may be related to expectations surrounding the buyback plan. However, considering the previous liquidity attack event, market sentiment may still be cautious. Investors should closely monitor the subsequent technical upgrades and the implementation of security measures of Polyhedra Network, as these will be key factors in assessing its long-term development prospects.

This message is not an investment advice, and investors should pay attention to market volatility risks.