2Z Token Faces 2.29% Decline Amid Market Volatility, Grayscale Interest, and Institutional Support

The price of 2ZUSDT has declined by 2.29% in the past 24 hours, opening at 0.07464 and currently trading at 0.07293 on Binance. This price movement is attributed to ongoing market volatility, including recent discussions of technical resistance and increased selling volume noted on Binance Square, alongside broader market caution following a sharp price drop in late January and continued mixed sentiment from traders. Institutional interest and the token's inclusion in Grayscale's Assets Under Consideration list have provided some support, but have not offset the impact of recent bearish signals. The current market capitalization stands around $257.14 million, with 24-hour trading volume ranging between $4.04 million and $9.94 million, and the circulating supply is reported at 3.47 billion 2Z. The asset remains highly volatile, and investors are closely monitoring developments such as infrastructure upgrades and regulatory clarity, while the token maintains a ranking in the top 151 cryptocurrencies by market cap.