ZKJ (Polyhedra Network) — sharp decline, reasons and chances for recovery

$0.31–0.33 (-84% per day)
24h Volume ≈ $48 million (x7 at the average)

1. LP liquidity withdrawal
three addresses simultaneously removed stake from the Bnnce Alpha and Gate pools, then dumped ~1.6 million ZKJ for USDT → the price collapsed by 80%

2. Chain reaction
the empty KOGE-USDT pool forced holders to sell KOGE for ZKJ, increasing the pressure

3. Thin float
in circulation < 12% supply, so a large order easily "broke" the order book

4. Panic on social media
The hashtag #ZKJrug gained over 12 thousand tweets in two hours; Sentiment 23 / 100 ( strong negative )

News after the fall
1. The Polyhedra team announced an audit of anomalous transactions and promised to restore the LP pools within 72 hours.
2. bnnce Alpha clarified: "Liquidity removal is an initiative of private providers, not the exchange."
3. We are waiting for the AMA with the founders of Polyhedra in X-Spaces on June 16

Risks
1. Further liquidity withdrawal by other large LPs.
2. Trust leak - if the AMA does not offer clear measures, retail will continue to exit.
3. Legal claims — coordinated sell-off may attract the attention of regulators.

The ZKJ crash was caused by the synchronous withdrawal of liquidity by three major addresses and mass selling. While the price has stabilized around $0.30, the further path depends on whether the team can quickly return liquidity and restore trust. The base scenario is a "sideways stress" of $0.28-0.45; however, if the pool is replenished and a buy-back occurs, a quick rebound to $0.60 is possible. Manage risk: volatility is extreme.