ZBCN Coin Value Increases, Thanks to Science Card Acquisition

ZBCN, the native token of Zebec Network, experienced a dramatic rise in value after the announcement of its acquisition of Science Card, a UK-based fintech platform. 

While price fluctuations are nothing new in this space, the connection between real-world financial innovation and blockchain solutions makes this development particularly noteworthy.

What Is Zebec Network and the ZBCN Coin?

Zebec Network is a blockchain-based payment and finance platform that aims to reshape how people send, receive, and spend money. At its core, Zebec offers real-time payroll processing and spending features, especially designed for a Web3-driven financial system. 

Its native token, ZBCN coin, plays a crucial role in enabling these services, from instant salary payouts to international money transfers.

The Zebec ecosystem has been gaining attention for its ability to integrate traditional finance with modern crypto solutions. By supporting payroll transactions using stablecoins like USDC and enabling second-by-second salary streaming, Zebec has earned a reputation as a pioneer in the decentralized payroll space.

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ZBCN Coin Price Surge: The Role of the Science Card Acquisition

The ZBCN coin price increase was primarily driven by Zebec Network’s acquisition of Science Card, a fintech company that offers users the ability to save, spend, and support scientific research all through a single platform. 

Science Card’s user base, which already includes over 50,000 people, can now potentially access new features made possible by the integration with Zebec’s blockchain capabilities.

Science Card allows its users to make transactions across more than 210 countries, combining daily payments with a social cause—supporting research and education. Zebec’s integration will reportedly take this even further, enabling students to spend crypto on campus and contribute to university research each time they use their card.

This news significantly boosted market interest, pushing the ZBCN coin value to a record high of $0.00617, with a total market capitalization exceeding $500 million. Compared to its lowest value earlier in the month, this represents a gain of more than 770%, placing ZBCN among the top-performing tokens recently.

Market Reaction and Technical Insights

The sharp jump in ZBCN's price also influenced futures trading. Open interest in ZBCN futures surged to over $32 million, up from a low of $2.5 million just weeks ago. This growth reflects an increased interest and liquidity for ZBCN in the derivatives market.

However, analysts are watching the technical indicators closely. The ZBCN token has now moved far beyond its 50-day exponential moving average and is showing signs of being overbought, based on both the Relative Strength Index (RSI) and Stochastic Oscillator.

This pattern often suggests a likely short-term pullback. Traders may take profits following the surge, which could cause the price to fall and retest support levels near $0.00214, last observed in February. Such corrections are common in crypto markets after rapid rallies.

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Zebec Network’s Growing Influence

Beyond price speculation, the Zebec Network is steadily carving a space for itself in both the crypto and traditional financial worlds. Its unique payment model has found use among more than 250 enterprise clients, handling over $1 billion in payroll transactions. 

The platform’s WageLink feature, which allows near-instant cross-border payments, continues to attract businesses looking for faster and more efficient payroll solutions.

This acquisition not only strengthens Zebec’s user base but also opens up new use cases for crypto in everyday spending and education. Integrating Zebec’s blockchain tools into an existing and functioning financial product like Science Card reflects a maturing of both the project and the broader crypto sector.

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Frequently Asked Questions (FAQ)

Q: What is the ZBCN coin? 

A: The ZBCN coin is the governance and utility token for the Zebec Network, which launched in 2022 on the Solana platform. It's used for transaction fees, participating in network decisions, staking, and can also be used as collateral for applications within the Zebec ecosystem.

Q: What is Zebec used for? 

A: Zebec Network enables real-time and low-cost payroll and remittance services, including quick payment processing and cross-border transactions. It aims to make it easier for people and businesses to manage their finances.

Q: Is Zebec an American company? 

A: Yes, Zebec is a Series A company founded in 2021 and based in San Francisco, United States.

Q: Who is the founder of Zebec? 

A: The founder of Zebec is Sam Thapaliya.

Q: When was the Zebec network created? A: The Zebec Network was founded in 2021.

Q: What does ZBCN crypto do? A: Zebec Network is a Solana-based platform aiming to revolutionize the payments industry. It offers Mastercard-enabled cards that allow users to spend their cryptocurrencies globally, and it has over 50,000 users.