2Z Token Faces 6.75% Drop as Circulating Supply Surges and Trading Volume Hits 5.8 Million

2ZUSDT experienced a 6.75% decline over the past 24 hours, closing at $0.07318 compared to an open of $0.07848 on Binance. The primary causes of this price decrease include ongoing bearish sentiment following the substantial expansion of circulating supply from 700 million to 3.47 billion tokens, which increased selling pressure and market volatility. Additional factors contributing to the decline include technical indicators signaling continued weakness—such as the token trading below key moving averages and a relative strength index below 50—and market analysts suggesting caution amid heightened risk. Robust trading activity was observed, with Binance reporting a 24-hour volume of 5.80 million 2Z tokens (equivalent to 450,360.05 USDT), and the overall market capitalization remains between $266.70 million and $286.11 million. While the token has seen an uptick in trading volume, recent developments and the supply increase continue to weigh on price performance.