The whole market is red. Zcash is the one large-cap still green.
$ZEC is up 7% near $1,218 on $309M of 24h volume — the 4th-largest pair on Binance today — while BTC, ETH and XRP bleed 2 to 12%.
The catalyst is real inflows: Grayscale's spot Zcash ETF (ZCSH) has drawn about $362M since its Aug 25 launch, and Zcash's shielded pool just hit multi-month highs. Privacy is trading as insurance while the majors sell off.
And it isn't one coin — even $DASH is holding flat while everything else drops. The level traders are watching is whether Zcash defends $1,180 into the US open.
Korea and Japan — are you hiding in privacy coins on this dump, or buying the majors' dip?
#Write2Earn #Altcoins #山寨币 #암호화폐 #仮想通貨
Not financial advice. DYOR.
$ZEC is up 7% near $1,218 on $309M of 24h volume — the 4th-largest pair on Binance today — while BTC, ETH and XRP bleed 2 to 12%.
The catalyst is real inflows: Grayscale's spot Zcash ETF (ZCSH) has drawn about $362M since its Aug 25 launch, and Zcash's shielded pool just hit multi-month highs. Privacy is trading as insurance while the majors sell off.
And it isn't one coin — even $DASH is holding flat while everything else drops. The level traders are watching is whether Zcash defends $1,180 into the US open.
Korea and Japan — are you hiding in privacy coins on this dump, or buying the majors' dip?
#Write2Earn #Altcoins #山寨币 #암호화폐 #仮想通貨
Not financial advice. DYOR.
