Monero and the impact of the crisis on Zcash

[gwolf666]

What is happening with Monero is, in my opinion, an example of how crypto markets respond to the instability of rival projects. The most relevant for me is that the price of XMR has exceeded $500 for the first time since 2021, driven by the internal crisis that Zcash faces after the resignation of its core team. I think this surge reflects investor confidence in Monero's robustness as a privacy benchmark, especially in a context of increasingly stringent regulation. Interestingly, while the enthusiasm is there, analysts warn that if it fails to consolidate above $520, it could be in for a sharp correction toward the $200-$270 range. Anyway, I think this episode tells a lot about how a narrative of stability and community can make the difference in this crypto ecosystem.