Is the Zircuit premarket sale a good opportunity for investors? Ethereum layer 2s have for the most part been quite lucrative especially for early investors. Zircuit is the latest upcoming Ethereum ZK layer 2, which means there may be some opportunities ahead.
In this article we will explore some of the key details of the Zircuit premarket sale and its native token, ZRC. This project was reportedly created to boost the security and efficiency of blockchain transactions using Sequencer Level Security (SLS). This allows the project to add value by preventing hacks or malicious activity.
What you should know about the Zircuit premarket sale
Zurcuit’s native token ZRC was not yet available for on major exchanges which means it is not very accessible. Nevertheless, those looking to get early exposure to the ZRC token can do this through the Zircuit premarket sale.
Bitget exchange has been hosting the Zircuit premarket sale which kicked off on 1 November. The presale is expected to attract more users to the exchange while also building up liquidity for the layer 2. Meanwhile, it could potentially allow buyers to enter at attractive price points.
ZRC tokenomics and allocation
It is essential to understand the ZRC tokenomics before participating in the Zircuit premarket sale. The todken’s total supply will be 10 billion ZRC. Here’s a chart demonstrating its allocation.
| Allocation | Perentage |
| Airdrop & Community Rewards | 21% |
| Community Provisions | 12.61% |
| Ecosystem Development | 17.93% |
| Foundation | 18.70% |
| Team | 18.74% |
| Investors | 11.02% |
It is also worth noting that Zircuit has a staking feature for ecosystem liquidity. Over 1.59 billion tokens have been staked so far. The ZRC token traded at $0.146 at press time according to Coingecko.
Zircuit token listing date
ZRC is so far available for premarket sale on Bitget and Gate.io. However, the team behind the project has not yet revealed details about the token’s official launch or listing date on major exchanges. We will be closely monitoring the project with a keen focus on any announcements regarding the official launch.
Market Impact and Future Prospects
Why is Zircuit building up so much hype and what makes it important? These are questions that investors might want to know the answers to. Our findings reveal multiple reasons. Zircuit is in a unique position to help onboard mainstream users onto the WEB3 space courtesy of its infrastructure.
Zircuit has reportedly set its sight on being the go-to platform for restaked assets. Its high yields may offer an attractive option for many users. In addition, the project has received funding from major players in the industry, such as Mirana Ventures and Binance Labs. This could foreshadow its listing on Binance in the future.
Zircuit claims to provide a cost-effective option for DApps courtesy of Optimism Bedrock and EVM compatibility. Finally, the focus on AI powered advanced security may be an attractive point especially for those looking to prioritize safety in WEB3.
As far as market reception is concerned, it was too early to make inferences since the Zircuit premarket sale is barely a week in, and data remained scanty. Nevertheless, Coingecko data revealed that trading volumes ranged between $35,000 and $37,000.
Marketcap data was also not available, making it difficult to conduct a ZRC price prediction. Price may still go lower as more tokens are put in circulation, or go higher depending on the level of demand.
Zircuit premarket sale conclusion
The next few weeks should provide a rough picture of how the Zircuit premarket sale was received. Nevertheless, the amount of ZRC staked is already a healthy sign that those buying are opting to leverage opportunities with the Zircuit ecosystem.
More staking means less of the supply will be subject to sell pressure. This could potentially boost ZRC’s future prospects in terms of price action.
Next: Soneium Airdrop Confirmed: How to Qualify for Free $SONY Tokens!
