$ZEC 3. Narrative and Fundamental Divergence (Investment Risk)
Recently, ZEC's price surge has largely been driven by grand narratives like "anti-censorship," "anti-wealth tax," and "quantum resistance," supported by some KOLs and institutions hyping it up. However, the departure of the core development team has left this bullish market sentiment without solid fundamental backing. The contradiction between this "narrative hype" and the "governance turmoil" is a potential risk that investors need to watch out for.
Overall, while ZEC still holds unique technical value in the privacy sector, the instability in its governance structure and the recent sharp corrections following the market are its main negative challenges at the moment.