Whoa, $ZEC is up more than 11% again today, trading around 1319, after briefly hitting 1350.
This rally is a continuation of yesterday’s move. Today is the day the NU7 upgrade is activated, cutting block time from 75 seconds to 25 seconds. The amount issued per day stays the same—it just means confirmations are faster. Yesterday it was hovering around 1184; today it moved straight above 1300, outperforming the broader market by quite a bit.
It’s still surging on the day of the upgrade, and 1300 looks to have held as support today.
#ZEC #MarketAnalysis
This rally is a continuation of yesterday’s move. Today is the day the NU7 upgrade is activated, cutting block time from 75 seconds to 25 seconds. The amount issued per day stays the same—it just means confirmations are faster. Yesterday it was hovering around 1184; today it moved straight above 1300, outperforming the broader market by quite a bit.
It’s still surging on the day of the upgrade, and 1300 looks to have held as support today.
#ZEC #MarketAnalysis