$ZEC
🕵️♂️💥 Zcash plummets 68%: Cypherpunk halts purchases and central team resigns
The Zcash token (ZEC) is facing one of the largest recent drops in the crypto market. Trading at US$232.00 (-2.59%), the asset has accumulated a depreciation of 68% since its peak, amid a series of events that have shaken its structure and narrative.
📉 Market status:
Current price: US$232.00
24h variation: -2.59%
RSI: 31.59 (neutral to slightly oversold)
Support: US$230
Resistance: US$244.17
🔍 Factors driving the decline:
Cypherpunk, one of the main institutional buyers of ZEC, has halted new purchases, reducing demand pressure.
Resignation of central team members, generating doubts about the project's continuity.
The SEC has closed its investigation into ZEC without enforcement action, which brought regulatory relief, but did not offset other impacts.
🐋 Whale activity:
Long/short ratio at 0.38, indicating a predominance of short positions.
Major institutional traders are selling, reinforcing bearish sentiment.
⚠️ Risk warning:
Low liquidity and reduced developer activity increase volatility and the structural risk of the project.
The absence of technical leadership and a clear narrative may compromise ZEC's recovery in the short term.
🧠 Outlook:
Zcash still has a solid foundation in privacy and technology, but urgently needs to rebuild trust, technical reorganization, and community re-engagement. Without this, the token risks losing relevance against more active and innovative competitors.
📲 Liberty Epoch, stay alert: ZEC is in a critical zone — does privacy still have the strength to reinvent itself?
🚀 Join the debate on Square, share your analysis, and strengthen the narrative.
#LibertyEpoch #BinanceSquare #SquareBinance #WriteToEarn #Zcash #ZEC #PrivacyBlockchain #BullishNarrative #CryptoInvestment #Web3Brazil
✨ In times of crisis, the community decides second chances.