$ZEC
Previously surged to above
$1,500 Now it has pulled back in
one go to around $1,431.46
But the biggest recent change for zec actually happened on the funding side.
Since Grayscale’s zcsh was listed for less than a month, its assets under management have already nearly reached $895 million, with new inflows exceeding $235 million during the period.
On September 30, ZCSH will officially begin trading after the 3-for-1 split.
At the same time, the entire Zcash network’s hashrate and mining difficulty have both previously hit fresh all-time highs.
So the 1431–1500 range is crucial.