Zcash (ZEC) Soars to a Fresh 10-Year Peak: Further Gains Ahead or Time to Cool Off?
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ZEC quotes close to USD $1,479 after advancing 8.34% in the session, supported by a short squeeze of at least USD $1 million, a daily volume 48% higher than its average of 30 days and institutional entries to Grayscale's ETF for USD $233 million. With an RSI of 75.7 and a return of 168% in a month, the asset reached USD $1,521, its maximum of the last 90 days, although it remains 75% below its ATH of 2016.
ZEC exceeds $1,500 as ETF demand, Paradigm's ZEC holdings and the upcoming NU7 update rekindle market interest. Continue reading at DailyCoin.
Zcash Has Risen 2564% In 1 Year: Why Is ZEC So Popular Now?
Zcash (ZEC) is currently the best-performing cryptocurrency among the top 100 projects by market cap. CoinGecko data shows that ZEC’s price has risen by 18.2% in the last 24 hours, 65% in the 14-day charts, and 166.5% over the previous month. The privacy-focussed cryptocurrency has also rallied by...
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