$ZEC
now shows what people simultaneously love and hate about crypto.
The average monthly return of Zcash over 9 years is +10.8%, but the median is -2.5%.
That means most months the coin either goes nowhere or declines. About 22% of all months are actually in the range from -10% to +10%.
So where do such results come from?
A few extreme months do all the work. It is precisely rare moves of +50%, +60%, and higher that make up the bulk of ZEC’s return throughout its history.
Right now, the market seems to be going through one of those periods.
Just a year ago, $100 in ZEC would have turned into roughly $2,400 today. And that with a market cap of around $16 billion.
now shows what people simultaneously love and hate about crypto.
The average monthly return of Zcash over 9 years is +10.8%, but the median is -2.5%.
That means most months the coin either goes nowhere or declines. About 22% of all months are actually in the range from -10% to +10%.
So where do such results come from?
A few extreme months do all the work. It is precisely rare moves of +50%, +60%, and higher that make up the bulk of ZEC’s return throughout its history.
Right now, the market seems to be going through one of those periods.
Just a year ago, $100 in ZEC would have turned into roughly $2,400 today. And that with a market cap of around $16 billion.
