Can ZRO Make a Comeback Following Arbitrums Launch

LayerZero (ZRO) token’s value decreased after the introduction of a new ‘Proof-of-Donation’ mechanism, which aimed to reduce taxes, leading to a debate within the community. The token’s price subsequently reached an all-time low of $3.12. As of the latest update, the price has dropped by 22.47% in the last 24 hours, currently trading at $3.16. The market capitalization remains at $789 million, with a trading volume of $666 million. The token has a total supply of one billion, with a circulating supply of 250 million. The fully diluted valuation (FDV) of LayerZero (ZRO) is currently at $3.21 billion.