DoubleZero up 20% after Kalshi partnership – Can 2Z clear more resistances?

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DoubleZero surged over 20% in 24 hours after announcing a partnership with Kalshi, which will distribute real-time data for event contracts via DoubleZero Edge. The move was amplified by a short squeeze, with funding rates on DEX platforms like Hyperliquid deeply negative at -0.56% per hour. Daily volume jumped 74% and the volume-to-market-cap ratio crossed 17%, confirming elevated speculative interest with high liquidity. Most buying activity originated from Upbit (25% of global volume), followed by Binance (13%). Technically, 2Z briefly cleared the $0.058 resistance level, but bears reacted instantly, keeping this zone as a battleground between bulls and bears.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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