Zebec Network token has pulled again, erasing a few of the features made final week when it surged to a report excessive.
Zebec Network (ZBCN) value dropped to a low of $0.0041 on Tuesday, down 42% from its highest level this month. It stays 640% above the bottom level this yr.
Knowledge launched by the corporate confirmed that its enterprise is performing properly in 2025. Wagelink, its payroll answer, is serving 11,000 workers throughout 227 firms, processing over $41 million month-to-month. The service simplifies how staff are paid by leveraging blockchain know-how to cut back prices for firms.
Zebec Playing cards are additionally gaining traction, enabling customers to spend their cryptocurrencies globally. The corporate issued over 11,000 playing cards in Could, a 16% improve from the earlier month. These card funds dealt with over $48 billion in quantity, a 75% surge month-over-month. This efficiency positions Zebec as one of many fastest-growing gamers within the crypto business.
Zebec Network is working to speed up progress each organically and thru acquisitions. It acquired Science Card, an organization with over 50,000 customers final week, and the administration has signaled that it’s open to extra buyouts.
The corporate can also be increasing its partnerships. In its newest collaboration, Zebec partnered with Ondo Finance, a key participant within the Actual-World Asset tokenization area. This partnership has led to the mixing of US Greenback Yield (USDY) into the Zebec platform.
ZBCN value technical evaluation
The day by day chart exhibits that the ZBCN token value bottomed at $0.00068 in April after which rallied over 926% to a report excessive of $0.00720. It broke by way of key resistance ranges at $0.002135 (February 22 excessive) and $0.003340 (April 23 swing excessive).
Zebec Network value stays above the 50-day Exponential Transferring Common, a sign that bulls nonetheless maintain management. Nonetheless, the Relative Power Index and the MACD indicators have pulled again in current days.
Subsequently, the almost certainly situation is a drop and retest of the $0.003340 assist degree earlier than the uptrend resumes. Extra features will probably be confirmed if the worth rises above the year-to-date excessive of $0.00720.