How traders can make money on the ZK narrative?
The ZK narrative is one of the most trending topics at the moment. Many users are waiting for the release of ZKSync and StarkNet, which will bring new value and applications to the crypto space.
The launch of ZKSync and StarkNet, may force the market to reassess the current Rollup projects, which will positively affect the price of their tokens. So, we can make a conclusion that you need to keep your finger on the pulse about ZK and Rollup projects and know which projects can go up.
In this idea, we will list the most interesting projects, which can benefit from the ZK narrative and bring traders maximum profit. We'll also mention our thoughts how to get more profit.
The projects list
1. $MATIC
It is the most obvious project, which in addition to its main products, also has ZK solutions. Also, $MATIC has advantages as it fits into several interesting narratives. We can say it's a versatile asset.
2. $ROSE
Layer 1 network with initial rollup support and privacy at the smart contract level
3. $AZERO
Layer 1 blockchain built on the more productive DAG consensus mode. It integrates the ZK technology into its solutions.
4. $SYS
A double-chain solution running on EVM and BTC concepts. EVM chain is based on rollup and ZK support solutions.
5. $METIS
Layer 2 network based on the optimistic rollup concept.
6. $MINA
Layer 1 blockchain using ZK-SNARK technology.
7. $LRC
Layer 2 ZK rollup, designed to optimize trade and payment.
8. $IMX
Layer 2 network created for NFT, using STARK ZK-rollup solutions.
9. $MUTE
DeFi platform on ZK Rollup technology
10. $BOBA
Layer 2 solution, based on Optimistic Rollup
11. $SKL
A competitor to all Rollup solutions due to its unique technology of launching separate blockchains to meet the needs of the audience
12. $FIRO
Project that created solutions to burn native tokens and get new pure tokens without transaction history
13. $PIVX
Financial data protection solution plan to integrate ZK-SNARK solutions.
14. $ZKS
DEX, which uses the ZK technology.
How can you make a profit?
1. Watch for updates within the narrative and announcements from the main stars of this trend, ZKSync and StarkNet, the closer the token's release to the market, the more projects will react to it
2. Look for new projects developing Dapps that have not yet released their token.
3. If your strategy and risk management allows you to buy, allocate a part of your deposit and diversify it between tokens of projects you like.
Conclusion
The ZK and Rollup trend is one of the most interesting and discussed at the moment, but it's not the only one. There are also a few more promising narratives we will tell you about soon. Share your thoughts about these projects in a comments section and check links in our bio. Thanks for reading
The launch of ZKSync and StarkNet, may force the market to reassess the current Rollup projects, which will positively affect the price of their tokens. So, we can make a conclusion that you need to keep your finger on the pulse about ZK and Rollup projects and know which projects can go up.
In this idea, we will list the most interesting projects, which can benefit from the ZK narrative and bring traders maximum profit. We'll also mention our thoughts how to get more profit.
The projects list
1. $MATIC
It is the most obvious project, which in addition to its main products, also has ZK solutions. Also, $MATIC has advantages as it fits into several interesting narratives. We can say it's a versatile asset.
2. $ROSE
Layer 1 network with initial rollup support and privacy at the smart contract level
3. $AZERO
Layer 1 blockchain built on the more productive DAG consensus mode. It integrates the ZK technology into its solutions.
4. $SYS
A double-chain solution running on EVM and BTC concepts. EVM chain is based on rollup and ZK support solutions.
5. $METIS
Layer 2 network based on the optimistic rollup concept.
6. $MINA
Layer 1 blockchain using ZK-SNARK technology.
7. $LRC
Layer 2 ZK rollup, designed to optimize trade and payment.
8. $IMX
Layer 2 network created for NFT, using STARK ZK-rollup solutions.
9. $MUTE
DeFi platform on ZK Rollup technology
10. $BOBA
Layer 2 solution, based on Optimistic Rollup
11. $SKL
A competitor to all Rollup solutions due to its unique technology of launching separate blockchains to meet the needs of the audience
12. $FIRO
Project that created solutions to burn native tokens and get new pure tokens without transaction history
13. $PIVX
Financial data protection solution plan to integrate ZK-SNARK solutions.
14. $ZKS
DEX, which uses the ZK technology.
How can you make a profit?
1. Watch for updates within the narrative and announcements from the main stars of this trend, ZKSync and StarkNet, the closer the token's release to the market, the more projects will react to it
2. Look for new projects developing Dapps that have not yet released their token.
3. If your strategy and risk management allows you to buy, allocate a part of your deposit and diversify it between tokens of projects you like.
Conclusion
The ZK and Rollup trend is one of the most interesting and discussed at the moment, but it's not the only one. There are also a few more promising narratives we will tell you about soon. Share your thoughts about these projects in a comments section and check links in our bio. Thanks for reading
