I disagree with the zero kinetic energy. As soon as the particle is confined, its wave function contains components with non-zero energy.
The bad joke as the ring is described here is that not all dimensions are told! You may have zero wavelengths, impulse and kinetic energy along the ring but certainly not along other dimensions, like the radial and axial distances. The particle needs non-zero wave vectors there to be confined on a ring.
Sometimes (often) a wave function spanning several atoms (benzene ring, crystal...) is written as a combination of individual wave functions centred on an atom each. The the combination seems to have no wave vector, but this is only because the individual solutions around each atom bring implicitly their wave vector, impulse, kinetic energy.
I do agree that no angular and magnetic momentum is required for some solutions on a ring, but this isn't so special. Spherical orbitals do the same at atoms. And in a box, the least momentum solution depends on how you choose the boundary conditions.