Stock Market
By Dan Saada
1 / 15
Samson Mow, Chun, and the Critics Lining Up. Samson Mow called ZEC a "pump and dump." That's a direct quote, and it's pretty much the sharpest…
2 / 15
The Orchard Bug and the Electric Coin Company Exodus. Things get worse from there. A bug discovered in May 2026 inside the Orchard pool could…
3 / 15
Grayscale ETF and What's Actually Driving the Price. Some of ZEC's recent momentum has been partially tied to a new Grayscale exchange-traded fund.
4 / 15
Cypherpunk Holdings wants nothing to do with it. The Nasdaq-listed company came out swinging against a stock token tied to its ticker symbol on Robinhood's blockchain, making…
5 / 15
The company's position is blunt: "We hold native ZEC on the Zcash blockchain. The only Cypherpunk security is CYPH on Nasdaq.
6 / 15
Samson Mow called ZEC a "pump and dump." That's a direct quote, and it's pretty much the sharpest version of a criticism that's been circulating for a while.
7 / 15
Chun — an online critic who's been vocal about ZEC's structural problems — goes further than Mow.
8 / 15
There's also the privacy angle, which is kind of ironic given that privacy is Zcash's whole pitch. Chun argues the privacy features are more marketing than substance.
9 / 15
Things get worse from there. A bug discovered in May 2026 inside the Orchard pool could potentially allow undetectable counterfeit coin creation. That's a serious allegation.
10 / 15
More context: ZCAT Memecoin Distributes $2.8M in Zcash as ZEC Surges Past $1,200
11 / 15
And the internal situation at Electric Coin Company isn't reassuring. The entire team departed in January 2026. That's not a small thing.
12 / 15
Chun's broader critique lands here too. ZEC's integration of block rewards for early backers and its development fund aren't just funding mechanisms — they're structural choices…
13 / 15
Some of ZEC's recent momentum has been partially tied to a new Grayscale exchange-traded fund. But skeptics aren't convinced that changes the underlying picture.
14 / 15
The comparison to Bitcoin keeps coming up. Critics argue ZEC lacks the fundamental properties that make Bitcoin a credible base-layer asset — fixed supply, transparent ledger, no…
15 / 15
More context: Zcash Hits $20 Billion Market Cap After Grayscales ZCSH ETF Debut Sparks 45% Surge
The Currency Analytics
Want the full story?