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Zipcoin Announces Shutdown and Plans Token Sale

Zipcoin Announces Shutdown and Plans Token Sale
Photo: Traxer / Unsplash
AI summary

Zipcoin has announced it is shutting down and plans to hold a token sale, according to its team. Project wallets reportedly hold 2.2% of supply, while the ZC token has dropped 84% over the past 24 hours. The collapse and wind-down signal a failed project, and holders face further dilution or loss from the planned sale.

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