Recently, investors have analyzed the financing structure of Zkp. Data shows that the project's Series A funding was the largest, reaching $12.5 million, with a cost basis of $0.10. This price point has now become a focal point of market attention.

From the current market situation, Zkp is trading around $0.128, which is approximately 28% above the Series A cost basis. However, this increase may seem significant, but for institutional investors with large holdings and restrictions due to lock-up periods, the profit margin is not enough to drive large-scale selling. What does this mean? It indicates that when the price retraces toward the $0.10-$0.11 range, these institutions will have a strong willingness to defend the price—after all, protecting the cost basis area is a fundamental risk management action.

From a technical perspective, the significance of the $0.10 threshold is self-evident. As long as the price remains above this support level, the current market logic remains coherent. Once it breaks below, the entire analytical framework needs to be reassessed. The current price of $0.125 already has a certain safety margin above the historical cost, which may warrant continued observation of this level's performance.