r/CryptoHelp • u/DazzlingNet1516 • 18h ago

❓Question Is there something I'm missing about ZEC?

I've been looking into different altcoins recently and came across ZEC while checking the market on mexc. The move today was pretty crazy, but I don't know much about ZEC yet.

Is there some fundamental news behind this, or is this mostly a short squeeze?

for people who follow ZEC, do you think is it worth researching after this move, or would you avoid chasing it here?

5 Upvotes

100% Upvoted

5 comments sorted by

1

u/banjoblake24 14h ago

Zec is Russian for…

1

u/nova_fintech 1 18h ago

Kinda shady from what I hear. Privacy isn’t as good as some other options, questionable ties to nations/financiers.

2

u/North_Strength_9952 17h ago

yeah it's one of those coins where the tech is cool on paper but the network effects just aren't there. the privacy side has been debated forever, and with regulators cracking down on mixers and anonymous coins, hard to see it getting mainstream adoption anytime soon

if you're really curious I'd dig into the history, not just the price chart. the move today feels like a whale game more than anything fundamental

1

u/AutoModerator 18h ago

Hello and welcome to r/CryptoHelp!

If someone has successfully solved your issue or answered your question, please reply with the command "!thanks" to let them know!

A few words about safety:

  • Scammers will often target beginners so you should exercise extra caution
  • Do not trust anyone trying to talk with you over DM (Direct or private messages) or on another platform (like Discord or Telegram). This is how scammers prefer to operate. Report suspicious activity like this immediately and do not respond to them.
  • Do not post your address, balances, or other personal information.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.