Investment Research Memo: #Layerzero ($ZRO) Date: June 23, 2024 #NFA #DYOR

Overview #Layerzero ($ZRO) is a blockchain interoperability protocol designed to facilitate seamless communication between different blockchains. Here’s an investment analysis of $ZRO, including current market performance, funding history, projected valuation, and price projections.

Current Market Analysis Circulating Supply: 250M $ZRO

Market Cap: $660.82M

Current Price: $2.584

#Layerzero's market cap and price indicate significant potential, especially considering the growing demand for interoperability solutions.

Funding History #Layerzero has attracted substantial venture capital investment:

Seed Round: $2M

Series A: $6.3M

Series A Extension: $135M

Series B: $120M

Total VC Investment: $263.3M

This funding highlights strong investor confidence and provides the financial resources needed for expansion.

Projected Valuation Based on VC investments and market trends, #Layerzero's projected valuation ranges between $2B to $3B, assuming continued technological and user base expansion.

Tokenomics and Future Supply Changes Next Token Unlock: June 20, 2025

Unlock Amount: 25.71M $ZRO

Total Circulating Supply by June 23, 2025: 276.17M $ZRO

The planned token unlock will increase the circulating supply, which should be considered in valuation models.

Price Projections With 250M $ZRO in circulation: Projected Bull Price: $8 to $12