#zcash上涨6%
👉 隐私币动了，群里聊
The market is falling, but Zcash is moving up on its own, with a 24-hour gain of about 16%🚀
The price even surged above $1,500, setting a multi-year high.
On the same day, Bitcoin slipped to around $76,000, and most major coins generally weakened.
The driving force comes from governance votes: token holders approved the NU7 upgrade with nearly 99% approval.
Supply-side expectations weren’t disrupted, and the halving schedule remains unchanged.
Overcrowded short positions are also a catalyst. Once the price breaks out, forced-cover buy orders push the gains higher.
Privacy coins have a relatively small circulating float; a few large buy orders can move the price.
On-chain data shows that ZEC balances on exchanges are declining.
Some analysts have set a target price of $1,750.
For crypto, during years when regulation tightens, the privacy narrative can command a premium.
How far do you think this wave of privacy coins can go? Let’s discuss in the comments.
👉 隐私币动了，群里聊
The market is falling, but Zcash is moving up on its own, with a 24-hour gain of about 16%🚀
The price even surged above $1,500, setting a multi-year high.
On the same day, Bitcoin slipped to around $76,000, and most major coins generally weakened.
The driving force comes from governance votes: token holders approved the NU7 upgrade with nearly 99% approval.
Supply-side expectations weren’t disrupted, and the halving schedule remains unchanged.
Overcrowded short positions are also a catalyst. Once the price breaks out, forced-cover buy orders push the gains higher.
Privacy coins have a relatively small circulating float; a few large buy orders can move the price.
On-chain data shows that ZEC balances on exchanges are declining.
Some analysts have set a target price of $1,750.
For crypto, during years when regulation tightens, the privacy narrative can command a premium.
How far do you think this wave of privacy coins can go? Let’s discuss in the comments.
