$ZEC Jumps 12% to Lead the Market Ahead of the NU7 Upgrade
What happened?
ZEC trades near $1,271, up 11.6% in 24h, the top large-cap gainer.
Why?
Per Decrypt: a rebound after a ~25% monthly drop, the Oct 20 NU7 developer decision, and privacy-coin momentum. NU7 targets Nov 5, cutting block time from 75s to 25s and recycling part of fees to miners.
What's next?
Bullish into the upgrade, with sell-the-news risk. Expect a retest of the $1,296 high while ZEC holds above the $1,196 1-day average.
Not financial advice. DYOR.
$ZEC
What happened?
ZEC trades near $1,271, up 11.6% in 24h, the top large-cap gainer.
Why?
Per Decrypt: a rebound after a ~25% monthly drop, the Oct 20 NU7 developer decision, and privacy-coin momentum. NU7 targets Nov 5, cutting block time from 75s to 25s and recycling part of fees to miners.
What's next?
Bullish into the upgrade, with sell-the-news risk. Expect a retest of the $1,296 high while ZEC holds above the $1,196 1-day average.
Not financial advice. DYOR.
$ZEC