Low liquidity could cause sharp downside wicks in altcoins over the coming days. Uniswap at $3-6 and Zcash near $800 are levels of interest for bids. Trader_XO sees Zcash near $800, a call that holds here too; the level is expected before year-end. x.com  x.com  x.com 

Zcash is done after a bug let anyone freely mint ZEC, and its privacy narrative is not showing up in actual demand. Outside niche uses, Zcash processes fewer than 10,000 transactions a day, about a third of Monero's and well below chains like Berachain and Monad that many consider dead. A 21 million supply cap is not unique, and privacy belongs inside protocols like Ethereum and big wallets rather than in standalone privacy tokens. x.com 

Zcash's privacy is its lasting edge because bank accounts may never become private, while quantum resistance should become a requirement for all survivors. Its public transactions make institutional integration easier than Monero's, giving it a larger potential market. Monero has value and is probably oversold, though FCMP++ has no clear timeline. Institutions' comfort with Zcash could fade if governments clamp down. x.com  x.com  x.com  x.com  x.com  x.com 

Zcash's privacy makes critical bugs undetectable, so a flaw could let someone print unlimited ZEC and dump it unnoticed. Two critical infinite-mint bugs have now been found, possibly more, and everyone is hunting for them with AI; unlike transparent Bitcoin, such inflation cannot be automatically detected. Regulation also leaves no viable path to adoption, since no AML-compliant company can accept it. x.com  x.com  x.com  x.com  x.com 

Zcash's trust as a currency is broken after a flaw allowing counterfeit tokens was exposed, and it could be sold to zero. Per @BullTheoryio, researcher Taylor Hornby used Claude Opus to build a working proof of concept that minted fake ZEC through a bug hidden in the Orchard privacy pool since 2022. It was patched June 2, but Zcash's privacy design makes it impossible to know whether fake ZEC was minted before the fix. ZEC fell over 50% in a day, and any rebound should crash again. x.com  x.com  … Show more

Zcash and Hyperliquid could face less selling pressure because they have newer, stronger narratives than NEAR and fewer holders waiting to sell at breakeven. Their appeal this cycle rests on narrative and hype; they look like this cycle's Ether and Solana. x.com  x.com  x.com 

Zcash is running what amounts to an unlimited mint scam, and the timing alongside Mert's move to Dubai is oddly suspicious. x.com 

Zcash's price is running ahead of its usage, so this rally is not one to buy yet. ZEC is becoming the privacy coin Wall Street can buy, as Grayscale works to turn its trust holding 2.3% of supply into an NYSE-listed ETF, and Flexa and CrossPay add spending options. But after a 68% weekly jump to about $14B, nearly twice Monero, the ETF is not live, the 200K ZEC contribution has not happened and fees were about $2K in a day. A live ETF, real inflows and a held pullback would change the view. … Show more

Zcash's upside against Bitcoin is underpriced because Bitcoin is ossified and cannot respond to competition. With no voice of authority, Bitcoin won't rush to add privacy or quantum resistance, so the pair trade could see more pain for Bitcoin and Zcash could reach silly prices. Ossification is good, Zcash must ossify one day to become a trillion-plus coin, and Bitcoin will have its time in the sun, but the social dynamic could get grim for the maxis first. x.com  x.com 

Zcash is hot because shills realized a year ago it has the perfect setup for them to size in, control the narrative and pump it. That setup combines a sweet-spot market cap, centralized-exchange integrations, a long dormant history and a simple 'bitcoin but private' thesis. x.com