Shares of Cypherpunk Technologies surged 40% on Tuesday—a dramatic rally sparked by news that Zooko Wilcox is joining the team to steer the company's Zcash treasury operations. The privacy-focused coin's co-founder brings serious credibility to the table, and investors clearly took notice. This isn't just another exec shuffle; it's a signal that the firm's doubling down on its Zcash positioning at a time when privacy coins are back in the spotlight. Market's betting Wilcox's technical chops and network could unlock fresh value from those treasury holdings.

ZEC-3.93%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
Hash_Banditvip
· 12h ago
zooko stepping in to handle zcash treasury? honestly feels like watching the old mining days come back—when engineers actually cared about the tech instead of just the tokens. 40% pop makes sense if he's gonna optimize that hashrate of capital allocation lol
Reply0
GasFeeNightmarevip
· 12h ago
zooko admission directly pulls 40%? Now the privacy coin is really going to take off, and I was still wondering if zcash could turn over
View OriginalReply0
WalletWhisperervip
· 12h ago
zooko rose 40% as soon as it made a move... Is privacy coin really going to turn over?
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)