ZKP Presale Auction Captures Trader Focus Amid Ethereum Resistance and Dogecoin ETF Launch

Zero Knowledge Proof (ZKP) has emerged as a standout in the crypto market, with its presale auction generating significant activity. The auction distributes 200 million ZKP coins every 24 hours, allowing participants to contribute assets like ETH, USDC, USDT, and BNB, with all transactions recorded on-chain for transparency. Additionally, the project's Proof Pods—physical devices that validate AI compute tasks—are operational, earning users ZKP rewards based on real-time work. Pods start at Level 1, generating approximately $1 daily, and can be upgraded to Level 300 for up to $300 in daily earnings, creating a visible economic engine.

Meanwhile, Ethereum (ETH) faces a critical juncture as buyers attempt to push the price above the $3,000 resistance level. After defending support at $2,750, ETH climbed above $2,850 and $2,880, trading steadily above the 100-hour Simple Moving Average. A successful breakout could target $3,150 or higher, but failure may lead to a decline toward $2,800. Institutional interest is noted, with companies like BitMine Immersion utilizing ETH for earnings, though price action remains constrained between $2,900 and $3,010.

Dogecoin (DOGE) benefits from the launch of the Grayscale GDOG ETF, the first U.S. spot Dogecoin ETF, which debuted on NYSE Arca with zero fees initially and recorded $1.41 million in volume on its first day. This ETF provides structural support, with DOGE consolidating bullishly around $0.1461 and showing potential for a breakout toward $0.17 if it sustains above key levels.

In other developments, Shiba Inu (SHIB) is testing support at $0.000008, bolstered by Coinbase's announcement of SHIB perpetual futures listings in December and Japan's tax classification equating it with major cryptocurrencies. These factors could signal a potential recovery, though a drop below support might lead to further declines.