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via The Block · By The Block Editorial

'Please stop the FUD': Zcash treasury company Cypherpunk remains committed to accumulating 5% of ZEC supply

ZEC

ZEC/USDT

$385.02

-3.92%

$385.02

-3.92%

(24s)

24h Volume

$717,425,697.90

24h H/L

$400.71 / $368.03

Change: $32.68 (8.88%)

Funding Rate

+0.0053%

Longs pay

Data provided by COINOTAG DATALive data

ZEC

Daily

$385.02

▲ 2.28%

Volume (24h): -

Resistance Levels

Resistance 3$448.94

Resistance 2$421.2368

Resistance 1$392.1483

Price$385.02

Support 1$362.2023

Support 2$336.26

Support 3$311.0537

Pivot (PP):$381.0033

Trend:Downtrend

RSI (14):39.4

The Block Editorial

(04:46 PM UTC)

1 min read

Updated bySarah Chen

1388 views

0 comments

Cypherpunk Technologies (CYPH), a Nasdaq-listed Zcash treasury company, saw its shares fall more than 40% on Friday as investors reacted to the disclosure of a critical bug that was recently patched in the privacy-focused cryptocurrency. The (ZEC) token itself also fell more than 50% during the selloff.

The decline followed the disclosure of a counterfeiting vulnerability in Orchard, Zcash's…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

The Block Editorial · The Block

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