ae
gr8ful4 2mo ago

The market dynamic currently present in ZECUSD is one of a kind. The only other price rise that is comparable is when Elon pumped DOGE.

This is of course not an organic move. Someone with big pockets is moving ZEC against a stagnating and lack-luster overall market.

ZEC marketcap went from around 500M to over 10B in 2 months.

The narrative may be strong, especially since supported by crypto media outlets. This should make one extra cautious. This is not a sector wide move. This is a solitary pump. Maybe it is to distract from Monero. Maybe it is exit liquidity for DCG. Maybe it is a re-positioning of big whales preparing for the privacy narrative, when BTC becomes less useful.

Interesting to watch, that even in 2025 x20 moves are not out of the window in shirt time frames.

Reply to this note

Please Login to reply.

Discussion

ed
ede3d957... 2mo ago

Isn't it interesting that the very moment the Qubic market scare stopped working and Monero price started to recover we saw the pump in Zcash taking shape.

Almost as if it's a concerted effort by the intelligence agencies! One state attack after another, after another. This is good for Monero and its immune system.

Monero doesn't give a fuck anymore it consumes its haters in the intelligence and central bank communities as well as BTC maxis.

Growing slowly and steadily. Inevitable to ignore.