2Z Token Faces 3.71% Drop Amid Selling Pressure, Institutional Interest Grows Despite Market Volatility

2ZUSDT experienced a 3.71% price decline over the past 24 hours, currently trading at $0.07286 on Binance. This decrease can be attributed to persistent selling pressure, as indicated by recent technical analysis and social media posts noting bearish momentum and increased volume. Additional downward pressure has resulted from earlier concerns about higher-than-expected circulating supply and broader market volatility following exchange listings. Despite receiving a no-action letter from the SEC and being added to Grayscale's Assets Under Consideration list, which provided regulatory clarity and institutional attention, these positive developments have not offset short-term market uncertainty. DoubleZero (2ZUSDT) remains actively traded, with a circulating supply of 3.47 billion, 24-hour trading volume above $7.9 million, and a market cap around $260 million.