{"id":73643,"date":"2026-06-06T14:01:46","date_gmt":"2026-06-06T14:01:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/near-and-wld-round-trip-as-zcash-rebounds-18-from-its-50-drop\/"},"modified":"2026-06-06T14:01:46","modified_gmt":"2026-06-06T14:01:46","slug":"near-and-wld-round-trip-as-zcash-rebounds-18-from-its-50-drop","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/near-and-wld-round-trip-as-zcash-rebounds-18-from-its-50-drop\/","title":{"rendered":"NEAR and WLD Round-Trip as Zcash Rebounds 18% From Its 50% Drop"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><\/p>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Zcash fell nearly 50% from its $624 June 4 high before rebounding about 18% over the past 24 hours.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">An Orchard pool flaw cost ZEC its privacy-coin lead, dropping it from 11th to 16th by market cap.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">NEAR sits at $1.91 and WLD at $0.41 as traders watch support levels for each closely.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2><span style=\"font-weight:400\">Zcash Whipsaws On an Orchard Pool Flaw<\/span><\/h2>\n<p><span style=\"font-weight:400\">The sharpest swing belonged to zcash given ZEC had been one of 2026\u2019s standout performers, <\/span><a href=\"https:\/\/news.bitcoin.com\/zec-hits-686-amid-28m-liquidations-as-analyst-warn-of-coordinated-squeeze\/\"><span style=\"font-weight:400\">surging past $600<\/span><\/a><span style=\"font-weight:400\"> to an intraday high near $624 on June 4. The rally reversed within hours as a<\/span> <a href=\"https:\/\/news.bitcoin.com\/zcash-orchard-counterfeiting-bug-patched\/\"><span style=\"font-weight:400\">soundness flaw<\/span><\/a><span style=\"font-weight:400\"> in Zcash\u2019s Orchard shielded pool sent the token tumbling. <\/span><\/p>\n<p><span style=\"font-weight:400\">Security researcher Taylor Hornby had disclosed the bug, which could, in theory, have allowed undetectable counterfeit ZEC, and developers moved to patch it through an emergency upgrade. No funds were stolen and no exploit occurred in the wild, but the disclosure was enough to trigger a rush for the exits.<\/span><\/p>\n<p><span style=\"font-weight:400\">ZEC fell roughly 50% in a single day, dipping as low as $264.80 before stabilizing. Its market capitalization slid from about $9 billion to near $5.37 billion, while roughly $82 million in leveraged positions were liquidated. However,<\/span><span style=\"font-weight:400\"> ZEC then <\/span><span style=\"font-weight:400\">rebounded about 18%<\/span><span style=\"font-weight:400\"> over the following 24 hours, with 24-hour <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> topping $2.9 billion, suggesting that buyers viewed the patched flaw as a contained event rather than a fatal one.<\/span><\/p>\n<h2><span style=\"font-weight:400\">NEAR and WLD give back their gains<\/span><\/h2>\n<p><span style=\"font-weight:400\">The other two tokens retraced more quietly. Near Protocol\u2019s NEAR had climbed sharply through the spring, rising <\/span><span style=\"font-weight:400\">more than 200%<\/span><span style=\"font-weight:400\"> from a February low as money rotated into AI-themed tokens, and it <a href=\"https:\/\/news.bitcoin.com\/near-protocol-jumps-54-weekly-as-short-sellers-cover-and-ai-rotation-accelerates\/\">changed hands near $2.41<\/a> at its recent peak. It has since eased back toward $1.91, unwinding much of that late surge.<\/span><\/p>\n<p><span style=\"font-weight:400\">Worldcoin\u2019s WLD followed a similar arc on a compressed timeline as the token (issued by the iris-scanning identity project co-founded by OpenAI\u2019s Sam Altman) <\/span><span style=\"font-weight:400\">jumped roughly 60%<\/span><span style=\"font-weight:400\"> recently, reaching about $0.55, before <\/span><span style=\"font-weight:400\">sliding back toward $0.40<\/span><span style=\"font-weight:400\">. The drop left WLD roughly 35% below its recent peak near $0.62.<\/span><\/p>\n<p><span style=\"font-weight:400\">Part of the attention surrounding the above tokens came from BitMEX co-founder Arthur Hayes, whose Maelstrom fund had publicly backed all three before exiting. Hayes set a $10 price target on WLD and framed it as a liquid proxy for an AI and SpaceX listing trade, then disclosed selling the position days later, posting that the chart was \u201cgoing in the wrong direction.\u201d<\/span><\/p>\n<figure id=\"attachment_820738\" aria-describedby=\"caption-attachment-820738\" style=\"width:734px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-820738\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\"> <a href=\"https:\/\/www.bitcoin.com\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin.com<\/a> News reported that he also dumped his <\/span><a href=\"https:\/\/news.bitcoin.com\/arthur-hayes-dumps-zec-orchard-exploit\/\"><span style=\"font-weight:400\">entire ZEC position<\/span><\/a><span style=\"font-weight:400\"> after the Orchard flaw surfaced, declaring \u201cThe Holy Trinity is dead.\u201d <\/span><span style=\"font-weight:400\">For the tokens themselves, the lesson became one of how quickly narrative-driven rallies can reverse. <\/span><\/p>\n<h2><span style=\"font-weight:400\">What traders are watching now<\/span><\/h2>\n<p><span style=\"font-weight:400\">The most pressing question now is whether each token holds its reset level. For ZEC, the test will be whether its post-patch rebound builds into a durable recovery or fades as traders weigh the reputational hit of a four-year-old bug in a flagship privacy pool. On the other hand, for NEAR and WLD, the focus will fall on whether the broader AI-token bid that lifted them in the first place returns.<\/span><\/p>\n<p><span style=\"font-weight:400\">Regardless, what the episode makes clear is that all three rallies were tightly tied to sentiment rather than fundamentals that shifted overnight. With the hype unwound, each token now faces the hard task of building a base without a viral narrative to carry it.<\/span><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/zec-near-wld-round-trip-zcash-rebounds-18\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Zcash fell nearly 50% from its $624 June 4 high before rebounding about 18% over the past 24 hours. An Orchard pool flaw cost ZEC its privacy-coin lead, dropping it from 11th to 16th by market cap. NEAR sits at $1.91 and WLD at $0.41 as [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":73644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73643"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73643"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73643\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73644"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}