Deep Dive
1. Base Network Creator Coin Spotlight (Mixed Impact)
Overview: ZBU is among Base Network’s most prominent creator coins, with a $485M market cap (CryptoNews). Base’s SocialFi pivot drove 1.6M new tokens and $470M trading volume since mid-July, though activity remains speculative.
What this means: While ZBU benefits from Base’s visibility, its $371K daily volume vs. $485M cap shows weak liquidity. Jesse Pollak’s call for institutional investment in creator coins (CoinMarketCap) hints at future catalysts but hasn’t materialized yet.
2. Real-World Settlement Utility (Bullish Impact)
Overview: Zeebu processed $9B+ in B2B settlements, with $20M daily flows from 140+ enterprises (Zeebu). Its Onchain Clearing House (OCH) enables instant cross-currency settlements using ZBU as a bridge asset.
What this means: Protocol revenue from transaction fees could create organic buy pressure. However, ZBU’s 24h trading volume ($1.9M) remains 10x smaller than its claimed settlement activity, suggesting most usage isn’t yet on public markets.
3. Technical Rebound From Oversold Levels (Neutral)
Overview: ZBU’s RSI-14 hit 28.21 on August 28 – near oversold territory (≤30). The price briefly reclaimed the 50% Fibonacci retracement level ($1.94) but remains below all major moving averages (30-day SMA: $1.97).
What this means: The bounce likely reflects short-term traders capitalizing on oversold conditions rather than structural demand. MACD’s bullish crossover (0.0175) needs confirmation with a close above $2.04 (50% Fib).
Conclusion
Zeebu’s minor rebound reflects a mix of Base Network’s speculative momentum and undervalued technicals, countered by weak on-chain liquidity. The protocol’s real-world settlement volume remains its strongest fundamental, but price action won’t sustainably reverse until exchange trading aligns with enterprise usage.
Key watch: Can ZBU hold above $1.94 (pivot point) amid Base’s creator coin volatility?