$ZEC has broken through again to over $1,600

When the broader market pulled back a few days ago, many altcoins were dropping badly, but ZEC kept holding around $1,500.

Now that the market has rebounded, ZEC has surged directly back above $1,600, with a gain of more than 7% in 24 hours.

From my previous reminder to buy the dip at $1,130–$1,150, we’ve now opened up nearly 45% more upside.

At the same time, Grayscale’s Zcash ETF will also start trading on a 3-for-1 split-adjusted basis beginning September 30.

That’s also why when the market has been down recently, I haven’t moved $ZEC .

After holding $1,500, I’ll continue to hold it here. For the next leg, I’ll first see if we can break above the previous high again.