Zcash’s 19x Rally May Have More Room as Grayscale Eyes Bitcoin Share
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Zcash has just lived a strange week. The ZEC climbed by about 72% between August 18 and 23, up to $878. Discussions on social networks exploded even faster. Then almost everything came back before the launch of Grayscale's ETF on August 25th. The price has since corrected by about 10%. The article Crypto: Zcash loses all its hype at the worst moment appeared first on Cointribune.
Zcash (ZEC) adds another day of euphoria and is listed in USD $831.61 after an increase of 5.74% in the last 24 hours. The premiere of the first ETF spot of privacy coins in the United States, the Grayscale ZCSH, continues to feed the institutional narrative, while the daily volume almost doubles its average of 30 days. We analyze the technical levels, the risks of an overheated market and the likely scenarios for investors.
Zcash Hits $13.74 Billion Market Cap as Grayscale ETF Moves to NYSE Arca
Zcash is up 19-fold over the past year. And Grayscale thinks it’s still cheap. That’s pretty much the headline from… Read the original on Grayscale Sees Massive Growth Potential for Zcash Amid $13.74 Billion Market Cap. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
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Zcash’s 19x Rally May Have More Room as Grayscale Eyes Bitcoin Share
Zcash has climbed roughly 19-fold over the past year, but Grayscale argues the privacy-focused cryptocurrency may remain undervalued. The crypto asset manager sees privacy, cybersecurity development, and cross-chain connectivity supporting further market-share gains. Grayscale Sees More Room After...
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