DoubleZero jumps 20% after Kalshi partnership sparks short squeeze and trading surge

DoubleZero (2Z) surged over 20% in 24 hours following a partnership announcement with Kalshi prediction markets, which led to increased trading volume and a short squeeze. The collaboration involves Kalshi distributing real-time event contract data via DoubleZero Edge, attracting speculative interest and high liquidity. Despite briefly breaking the $0.058 resistance, 2Z faces strong selling pressure, making the current price zone a battleground between bulls and bears. The rally's sustainability depends on clearing this resistance; otherwise, it may be seen as a temporary news-driven spike.