$ZAMA
is a privacy-focused blockchain token tied to the Zama Protocol, which uses Fully Homomorphic Encryption (FHE) to enable confidential computation and private transactions on chain.
Utility: Used for protocol fees and staking/delegation within the network; fees paid are burned and new tokens minted to reward operators.
๐ Price & Market Snapshot
Recent price: Varies by exchange โ e.g., around ~$0.03 on Kraken with notable recent downward movement.
Volatility: The token has shown high short-term moves, typical for new listings. Historical charts indicate swings and declines from recent peaks.
Liquidity & Volume: Some platforms show low trading volume/liquidity, meaning prices can be unstable.
๐ Recent Trend (Example โ 7-day)
(based on available price history data)
Price dropped over the past week and month, showing bearish short-term trend.
โ ๏ธ Key Considerations
Very early stage: ZAMAโs market data is limited; charts may fill out as trading matures.
Volatility risk: Newly listed tokens often have wide swings and low liquidity โ risk is high.
Tech potential vs adoption: While FHE is cutting-edge, real-world adoption and ecosystem growth will drive long-term value.
