Zooko Wilcox, the guy who started Zcash, just took on a strategic advisor role at Cypherpunk Technologies — you know, that treasury firm trading on Nasdaq under the ticker.
Market didn't waste time reacting. Once word got out, $CYPH shares shot up roughly 40%. That's the kind of move that gets people's attention.
For context, Cypherpunk Technologies holds $ZEC as part of its treasury strategy, so bringing Wilcox on board makes sense from a positioning angle. His involvement could signal deeper alignment between the company's direction and Zcash's long-term vision.
Still early to see how this plays out, but the immediate price action shows investors are betting on his influence mattering.
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GasFeeNightmare
· 10h ago
Zooko joining directly pumped the price by 40%. That's quite a bold move... By the way, a company holding ZEC bringing on the ZEC founder as an advisor—there's nothing wrong with that logic, but it does feel a bit like hype, doesn't it?
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CexIsBad
· 10h ago
A 40% increase, is that it? I usually pay attention to things endorsed by Zooko, but CYPH still feels like it has too small a market.
Zooko Wilcox, the guy who started Zcash, just took on a strategic advisor role at Cypherpunk Technologies — you know, that treasury firm trading on Nasdaq under the ticker.
Market didn't waste time reacting. Once word got out, $CYPH shares shot up roughly 40%. That's the kind of move that gets people's attention.
For context, Cypherpunk Technologies holds $ZEC as part of its treasury strategy, so bringing Wilcox on board makes sense from a positioning angle. His involvement could signal deeper alignment between the company's direction and Zcash's long-term vision.
Still early to see how this plays out, but the immediate price action shows investors are betting on his influence mattering.