The price increase momentum is still here $ZEC
Today we won’t list names
Let’s just talk about this one
What is it
A long-established privacy coin
With optional transaction shielding
It heated up in the 2016 wave
Then it sank for a long time
What it was like back then
The peak was around three thousand
After that, it spent years just going sideways
Many people long ago treated it as having exited the scene
Why is it moving again now
In the first half of this week it surged to around 1,200
Setting a new nearly 10-year high
The weekly chart at one point jumped more than 40%
Behind it isn’t just sentiment
Grayscale’s ZCSH spot ETF
Launched at the end of August
By early August, the assets under management had already rolled to about 400–500 million USD
The shorts were squeezed out in this move too
So where are we now
The price is roughly around 1,130
In the last 24h it has retraced about 5%
It looks more like the “breathing after a spike” moment
The story isn’t instantly over
On the privacy theme
This round has been repriced again
Can it hold its ground
It depends on whether the money keeps following
Don’t just watch one day’s up and down
Not investment advice
You hold your own position—bear your own risk
#Zcash weekly up 45% sets a new high since 2016
Today we won’t list names
Let’s just talk about this one
What is it
A long-established privacy coin
With optional transaction shielding
It heated up in the 2016 wave
Then it sank for a long time
What it was like back then
The peak was around three thousand
After that, it spent years just going sideways
Many people long ago treated it as having exited the scene
Why is it moving again now
In the first half of this week it surged to around 1,200
Setting a new nearly 10-year high
The weekly chart at one point jumped more than 40%
Behind it isn’t just sentiment
Grayscale’s ZCSH spot ETF
Launched at the end of August
By early August, the assets under management had already rolled to about 400–500 million USD
The shorts were squeezed out in this move too
So where are we now
The price is roughly around 1,130
In the last 24h it has retraced about 5%
It looks more like the “breathing after a spike” moment
The story isn’t instantly over
On the privacy theme
This round has been repriced again
Can it hold its ground
It depends on whether the money keeps following
Don’t just watch one day’s up and down
Not investment advice
You hold your own position—bear your own risk
#Zcash weekly up 45% sets a new high since 2016
