$ZEC is currently squeezing $HYPE to fight for the spot as the 9th largest market cap
This Wednesday’s market performance:
Price: around $1,250, up 8% on the day, up 54% on the week
24-hour range: $1,146–$1,292
Monthly gain: about 151%
Market cap: $2.109 billion—10th place, tightly chasing Hyperliquid (HYPE) in 9th
Circulating supply: 16.86 million ZEC, with a maximum supply of 21 million (the same hard-cap concept as Bitcoin)
Zcash (ZEC) is an early privacy coin (transaction screening)
This rally is a squeeze up from long-term lows—an annual increase of several thousand percentage points compared with the 2024 low—not a new all-time high
The historical peak in 2016 was close to $3,200
Open interest increases as price rises, so leverage is already in place
This helps to challenge HYPE’s ranking
It also means that if $BTC or this week’s CPI data triggers risk, the price could drop sharply
#灰度ZcashETF资产突破5亿美元
This Wednesday’s market performance:
Price: around $1,250, up 8% on the day, up 54% on the week
24-hour range: $1,146–$1,292
Monthly gain: about 151%
Market cap: $2.109 billion—10th place, tightly chasing Hyperliquid (HYPE) in 9th
Circulating supply: 16.86 million ZEC, with a maximum supply of 21 million (the same hard-cap concept as Bitcoin)
Zcash (ZEC) is an early privacy coin (transaction screening)
This rally is a squeeze up from long-term lows—an annual increase of several thousand percentage points compared with the 2024 low—not a new all-time high
The historical peak in 2016 was close to $3,200
Open interest increases as price rises, so leverage is already in place
This helps to challenge HYPE’s ranking
It also means that if $BTC or this week’s CPI data triggers risk, the price could drop sharply
#灰度ZcashETF资产突破5亿美元
