$VFY (zkVerify) โ€“ zk-Rollup Token Gaining Momentum! ๐Ÿ”๐Ÿ“ˆ

Hey everyone, letโ€™s talk about $VFY (zkVerify) โ€“ a zk-rollup infrastructure token thatโ€™s quietly moving up today. Hereโ€™s my on-chain and chart take:

๐Ÿ“Š Quick Stats:

ยท Price: $0.031822 | +6.04% โ†—๏ธ

ยท Market Cap: $10.02M

ยท On-Chain Holders: 6,777

ยท Liquidity: $1.37M

ยท FDV: $32.09M

๐Ÿ“ˆ Technical View:

$VFY is trading above all three key moving averages, which is a bullish setup:

ยท MA(7): $0.031630 (immediate support)

ยท MA(25): $0.030671 (stronger support)

ยท MA(99): $0.031609 (dynamic support/resistance)

Price is currently testing the $0.0318โ€“$0.0328 zone. The alignment of MAs suggests consolidation with a bullish bias, though volume is currently below recent averages.

๐ŸŽฏ Key Levels to Watch:

ยท Resistance: $0.032821 โ†’ $0.034+

ยท Support: $0.031630 โ†’ $0.030671 โ†’ $0.029755

๐Ÿ’ญ My Take:

VFY is an infrastructure play in the zk-rollup spaceโ€”a narrative thatโ€™s gaining real traction in crypto. The on-chain liquidity is decent for its market cap, and the holder base is growing steadily.

Technically, holding above $0.031630** keeps the short-term momentum intact. A break above **$0.032821 could signal a move toward $0.034+**. If it dips, the **$0.0306โ€“$0.0316 zone should act as support.

Given the projectโ€™s focus on verification and scaling, any updates or partnerships could drive interest quickly. If you're trading, watch for volume spikes and keep positions sensible.

Are you watching zk-rollup projects like VFY, or sticking to more established L2s?

Let me know your thoughts below! ๐Ÿ‘‡

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