A privacy coin priced above $1,200… and a major dispute is brewing 🔥
The price is now around $1,240, and its cycle high was about $1,698 in September.
What’s going on?
🔸 A major dispute within the Zcash community over how grant funds should be spent
🔸 A major whale announced they would sell their entire stake because of the dispute
🔸 Well-known figures joined the discussion, including Naval Ravikant and Tyler Winklevoss
🔸 The coin dropped out of the top 10 after HYPE overtook it
On the other hand:
✅ Binance confirmed that ZEC reserves are 100% backed after the hack
✅ Developers are working on the NU7 upgrade and have proposed a solution to protect privacy from future quantum computers
Technically, it’s a strong project… but internal disputes always make the market nervous.$ZEC
📲 Join us now and follow us
👇 Write the name of any cryptocurrency in the comments, and I’ll analyze it for you in the next post
⚠️ This is educational analysis, not financial advice.
#Zcash #ZEC #Crypto
The price is now around $1,240, and its cycle high was about $1,698 in September.
What’s going on?
🔸 A major dispute within the Zcash community over how grant funds should be spent
🔸 A major whale announced they would sell their entire stake because of the dispute
🔸 Well-known figures joined the discussion, including Naval Ravikant and Tyler Winklevoss
🔸 The coin dropped out of the top 10 after HYPE overtook it
On the other hand:
✅ Binance confirmed that ZEC reserves are 100% backed after the hack
✅ Developers are working on the NU7 upgrade and have proposed a solution to protect privacy from future quantum computers
Technically, it’s a strong project… but internal disputes always make the market nervous.$ZEC
📲 Join us now and follow us
👇 Write the name of any cryptocurrency in the comments, and I’ll analyze it for you in the next post
⚠️ This is educational analysis, not financial advice.
#Zcash #ZEC #Crypto
