Zebec Network Token Price Plummets: Exploring Potential Reasons Behind the Drop

Zebec Network (ZBCN) has experienced a substantial price decline this month, erasing significant gains from May. The token currently trades at $0.0040, down 47% from its peak in 2023. This decline has resulted in a $317 million market capitalization reduction, dropping from $537 million to $220 million. While several efforts are underway to expand the Zebec ecosystem, including acquisitions of Science Card and Gatenox, ZBCN’s price is struggling.