s/balajisPRIVACY COINS•5d
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Zcash breaks above $1,600 for the first time since 2016
ZEC has pushed above $1,600, putting a privacy coin back near price levels it has not seen since 2016. That move is turning Zcash into a mainstream trading story as ETF access and crypto-sector momentum bring in new buyers.
The bullish targets are getting extreme, with traders comparing ZEC near $1,400 to Bitcoin at the same stage and floating $10,000 to $20,000. Grayscale’s Zcash ETF took in approximately $34.4 million between its August 25 launch and September 4.
The bullish targets are getting extreme, with traders comparing ZEC near $1,400 to Bitcoin at the same stage and floating $10,000 to $20,000. Grayscale’s Zcash ETF took in approximately $34.4 million between its August 25 launch and September 4.
Timeline3
Sep 17
Zcash reached $1,500, according to market commentary.
Sep 19
ZEC reached a new all-time high above $1,521 while Grayscale’s Zcash ETF announced a 3-for-1 share split.
6d
ZEC climbed above $1,600, revisiting a price level last seen in 2016.
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5d