The highly anticipated Zoo token ($ZOO) listing is right around the corner! Mark your calendars for February 25 at 12:00 UTC, when $ZOO will officially go live on several leading crypto exchanges.
The official Zoo token listing is set for February 25 at 12:00 UTC, a moment that $ZOO holders have eagerly awaited. Trading will simultaneously launch on multiple top-tier exchanges:
Zoo x MEXC: Live at 12:00 UTC on February 25
Zoo x BingX: Trading starts at 12:00 UTC on February 25
Zoo x KuCoin: Goes live at 12:00 UTC
Zoo x Bitget: Launches at 12:00 UTC on February 25
The total supply of ZOO tokens has been established at 264,084,737,391. According to the disclosed tokenomics, 66% of the total supply is designated for distribution to players through the mining phase.
The initial listing price plays a crucial role in shaping the token's early market dynamics. Using a $50 million initial market cap as a benchmark:
Listing Price = 50,000,000/264,084,737,391
The estimated listing price for $ZOO stands at $0.000189 per token. Given the large supply and player-focused distribution, expect early price fluctuations as tokens enter circulation.
However, given the large supply and player-focused distribution, there is potential for short-term volatility as tokens are mined and sold.
Short-Term (0-3 Months):
In the immediate post-listing period, expect high volatility. The influx of mined tokens may trigger selling pressure, leading to price swings between $0.00015 and $0.00030, depending on market hype and adoption rates.
Mid-Term (3-12 Months):
As the ecosystem stabilizes and more tokens are mined, $ZOO could find a stable range between $0.00035 - $0.00050, especially if in-game utility grows and roadmap goals are met.
Long-Term (1-3 Years):
The long-term value of $ZOO will hinge on its ecosystem growth and utility adoption. With strong community support and real in-game demand, $ZOO could reach prices between $0.001 - $0.002. However, a lack of sustained utility could lead to price declines due to oversupply.
With a player-centric tokenomics model and listings on top exchanges, $ZOO has the potential to make a significant impact in the crypto gaming space. However, market dynamics and community engagement will ultimately determine its long-term value.
Also read: Why Solana Is Crashing and Will it Recover: What’s Next For $SOL?Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.