Zcash is to Zk technology..
Is like
BITCOIN is to blockchain.
Buying the latter as a "Beta" to the former is retarded, as it's entirely different thing. That doesn't mean the latter is not important. The Value is in it's unique application, not the enabled technology.
Imagine not investing in google, but other smol internet companies because they use tcp/ip.
That's the state of CT right now.
So after the crazy $ZEC run, degens out there are now pumping every random ecosystem with some kind of zk tech underneath?
Literally nothing is happening on zkSync, Mina Protocol, Scroll, Starknet, or any of the others, nor does anyone care about these chains.
It’s a pure narrative pump, just because another, completely unrelated asset performed well, and now everyone who missed that trade is desperate for the next play.
So much for “we won’t get another altseason where every shitcoin pumps and we see an obvious flight to quality amongst investors now.”
Nothing has changed lol. Just wait until we get a proper risk-on environment the next months and it’s going to feel like 2021 all over again.
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