
Zclassic a privacy currency is in the news alot as it was announced a few months ago that it would be forked into a new currency BitcoinPrivate. It has been speculated that support for ZCL will diminish as most of the developers have moved to the new project. Of course ZCL holders are happy to benefit to receive 1=1 exchange of their currency for BitcoinPrivate.
Some speculated that the price of Zclassic would explode and go high but the opposite resulted in alot of questioning over if there is even a future for Zclassic:
With all the time Zclassic has to grow before the Bitcoin Private hard Fork, I believe Zclassic could hit $1000-$3000 before the Fork. Really cheap right now a little over $100 #Bitcoin #BitcoinPrivate #Zclassic #ZCL #BTCP #BTC $ZCL $BTC $BTCP
— Boss of Privacy Coins [PLUTO] (@AnonAltCoins) January 22, 2018
Now this leaves alot of Zclassic holders wondering what to do after the snapshot occouring at 5 UTC time on February 28th! Another new and innovative currency BitcoinToken (BTK) is stepping in and currently offering a swap for all Zclassic holders of 1 ZLC for 100 thousand BTK. This could solve the dilemma for some holders to continue to invest in more secure currencies that have strong developer support and strong community behind them.
Read the full press release here:
https://www.cryptoinsider.us/bitcointoken-offers-swap-zclassic-holders/