Zcash Bounces Back Like a Rubber Chicken After Trump’s Tariff Tantrum! 🚀💸

by

Ah, the marvellous world of Zcash (ZEC), a coin so sneaky it could hide in plain sight at a magician’s convention! 🕵️♂️✨ This supply-capped, privacy-loving layer-1 coin has done the impossible-it’s bounced back from Friday’s market meltdown like a rubber chicken at a bad comedy show. After plummeting 45% (yes, you read that right, 45%!) from its lofty $273 perch to a measly $150, Zcash decided it had had enough of Trump’s tariff tantrums and soared to a new high of $291 on Saturday. Bravo, Zcash! Encore! 🎭💰

But wait, there’s more! While Zcash is only down 5.5% from its recent high, other cryptos are still crying into their digital wallets. Poor Ether (ETH), once the darling of the crypto ball, is down 22% from its all-time high of $4,957. Talk about a fall from grace! 😢🪙

Before the market decided to play pinball with everyone’s investments, Zcash was on a meteoric rise, rocketing from $74 on October 1 to $291 in less than two weeks. That’s a 4x increase, folks! Someone call NASA, because Zcash is out of this world! 🚀🌕

Now, let’s talk about the elephant in the room-or should I say, the Trump in the tweetstorm? 🦣📱 The crypto market suffered its worst liquidation event ever after Trump’s tariff announcement, which caused $20 billion in liquidations faster than you can say “trade war.” Many traders are now left scratching their heads and muttering, “Why, Donald, why?” 🤦♂️💔

Trump: The Market’s Very Own Wrecking Ball 🏗️💥

With just two social media posts, Trump managed to crash markets harder than a toddler crashes a wedding cake. 🍰💨 In his first post, he called China’s expanded export controls on rare earth minerals “very hostile” and claimed they’d “clog” global trade. Clog? More like a full-blown traffic jam on the information superhighway! 🚦🚗

Did you know that over 90% of the world’s rare earth minerals come from China? That’s right, China’s got the monopoly on the stuff that powers your electric car, smartphone, and probably your toaster too. 🧲🔋 Trump then decided to pour fuel on the fire by announcing a 100% tariff on all Chinese goods, effective November 1, 2025. Because nothing says “let’s make America great again” like a good old-fashioned trade war! 🇺🇸⚔️

“I was to meet President Xi in two weeks,” Trump wrote, “but now there seems to be no reason to do so.” Oh, Donald, you drama king! 👑🎭 Meanwhile, the rest of us are left wondering if our portfolios will ever recover. But hey, at least Zcash is here to save the day-or at least make us laugh while we cry. 😂🤧

Read More

2025-10-11 20:25