Zebec Network Reaches New heights with Science Card Acquisition
Zebec Network (ZBCN) has hit an all-time high after acquiring Science Card, a U.K. fintech company. The ZBCN price soared to $0.00617, pushing its market cap over $500 million. This marks a 770% increase from its lowest point this month, making it one of the top-performing cryptocurrencies.
The acquisition of Science Card is a important milestone for Zebec.Science Card lets users send, receive, and pay money through a user-kind app. they can spend using physical and digital cards in over 210 countries. Zebec plans to use this technology to allow students to spend crypto on campus while supporting university research.
Zebec Network aims to be a leader in the crypto payment space. It offers debit cards for global crypto spending and has become a major player in payroll solutions. Its WageLink feature enables near-zero-cost cross-border payments using USDC.
The surge in ZBCN price has pushed futures open interest to a record high of $32 million. However, traders expect a price drop due to the negative funding rate since May 21. Technical analysis shows the token is overbought and may retest support at $0.002143.
Despite the potential for a price correction, Zebec Network’s acquisition of Science Card signals its commitment to expanding its reach in the crypto payment industry.
