ZEC ecosystem NFT project zkSNARKs breaks issue price, floor price drops about 38% from settlement price

Odaily reports: According to official website data, the floor price of ZEC ecosystem NFT project zkSNARKs has fallen to 0.95 ZEC, approximately $1,400, down about 38% from the previous auction clearing price of 1.5 ZEC.

Previously, on-chain detective ZachXBT questioned the project's lack of practical utility and ecosystem development after raising over $17 million. The zkSNARKs auction received a total of 16,971 bids, with all 8,000 NFTs fully allocated, and total trading volume reached 25,305 ZEC.

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