🚨 Zcash just smashed past $800
Something wild is happening with $ZEC today.
It just ripped nearly 50% and cleared $800 for the first time since 2018. Futures volume exploded into the billions and open interest is massive.
The spark? Grayscale filed its fifth amendment to convert the existing Zcash Trust into a spot ETF (ticker ZCSH on NYSE Arca). They’re also talking about a potential ~200k ZEC contribution from a DCG affiliate. Approval isn’t locked in yet, but the market is treating the progress as real.
Privacy coins don’t usually move like this. When they do, people notice fast.
Worth watching how this holds once the weekend liquidity thins out.
$ZEC
#zcash #cryptouniverseofficial #zec
Something wild is happening with $ZEC today.
It just ripped nearly 50% and cleared $800 for the first time since 2018. Futures volume exploded into the billions and open interest is massive.
The spark? Grayscale filed its fifth amendment to convert the existing Zcash Trust into a spot ETF (ticker ZCSH on NYSE Arca). They’re also talking about a potential ~200k ZEC contribution from a DCG affiliate. Approval isn’t locked in yet, but the market is treating the progress as real.
Privacy coins don’t usually move like this. When they do, people notice fast.
Worth watching how this holds once the weekend liquidity thins out.
$ZEC
#zcash #cryptouniverseofficial #zec