2Z Token Faces 2.22% Drop Amid Bearish Trends, March Unlock and Institutional Interest Shape Outlook
In the last 24 hours, 2ZUSDT (DoubleZero) saw a price decrease of 2.22% on Binance, with the current price at $0.06856 and a 24-hour open at $0.07012. The price movement has been attributed to continued bearish sentiment amid market-wide risk aversion, reflected by a weak Fear & Greed Index and recent technical analysis showing sellers in control below key resistance levels. Additional volatility may be linked to anticipation of the March 2 token unlock, which will release 139.7 million 2Z, and the absence of immediate positive catalysts despite recent institutional interest, including DoubleZero’s inclusion in DBA Crypto Fund's $68 million portfolio and Grayscale listing the asset under consideration. Trading volume for 2ZUSDT has ranged from $6.26 million to $9.00 million, with the market cap estimated between $237.29 million and $267.26 million; the token remains highly volatile and actively traded across major exchanges.