ZEC's recent trend has been strong, with the price just breaking through $1,225 and hitting a new all-time high. During this rally, short sellers faced massive liquidations, with liquidation losses reaching $42.03 million, becoming one of the main drivers behind the surge.
As a long-established privacy public chain, Zcash has always had a stable community consensus. This price breakout has also brought renewed market attention to the value of the privacy coin sector. As sentiment across the broader crypto market recovers, established projects with solid fundamentals are more likely to move independently.
At present, after breaking through the key resistance level, ZEC's subsequent走势 is worth continued attention.
$ZEC
#Zcash #cryptocurrency
As a long-established privacy public chain, Zcash has always had a stable community consensus. This price breakout has also brought renewed market attention to the value of the privacy coin sector. As sentiment across the broader crypto market recovers, established projects with solid fundamentals are more likely to move independently.
At present, after breaking through the key resistance level, ZEC's subsequent走势 is worth continued attention.
$ZEC
#Zcash #cryptocurrency