Stunning ZK Casino Refunds: 35% Completed Amid $33M Rug Pull Scandal
Refund Progress: 35% of ZK Casino ETH withdrawal requests have been processed, with an additional 40% expected to be completed next week amid a $33 million rug pull crisis.
Founder Communication: The anonymous founder, known as Derivatives Monke, is managing the refund process and has indicated potential additional interest payments for affected users.
Risks Highlighted: The situation underscores the risks associated with anonymous founders and unregulated platforms in the Web3 gambling sector, emphasizing the need for due diligence and transparency.
Future Implications: The handling of ZK Casino refunds may set important precedents for accountability in the cryptocurrency community, as users remain cautious until all commitments are fulfilled.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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