↗ Zcash (ZEC): Struggles and Steady Strides in the Privacy Coin Space
Zcash (ZEC) , a prominent privacy cryptocurrency faces a perplexing path. It outperforms various coins, but now confronts the possibility of...
The state of Zcash (ZEC), a leading privacy coin, is currently a hot topic. Exciting predictions of ZEC's price in 2024, 2025 and 2030 are being made, indicating potential for investment. Recent reports of outstanding performances by SUI, Zcash, and Helium also highlight the strong position of ZEC among other cryptocurrencies. Its recent 7-day price surge is noteworthy.
However, ZEC may also face price setbacks, despite its stunning run. The heightened interest in privacy coins, coupled with Zcash's anticipated transition to Proof of Stake, make it a project to watch. Big players like Tyler Winklevoss move to extend support to ZEC and strongly advocate for it. Some articles share insights on how to invest in Zcash, projecting it as a desirable asset.
Still, it's facing a potential threat of delisting from crypto exchanges, following Dubai's forbidding of privacy coins transactions. This issue has made the liquidity of Zcash and other privacy coins like Monero dry up. Zcash potentials for a breakout, recovering to certain price levels, and dodging delisting are also worth noting. Finally, critical updates, such as Zooko Wilcox stepping down as Electric Coin CEO and the NU5 Upgrade, are part of Zcash's journey.
ZEC Coin News Analytics from Fri, 28 Oct 2016 07:00:00 GMT to Tue, 05 Nov 2024 12:26:15 GMT - Rating 0 - Innovation -4 - Information 7 - Rumor -2