$ZEC
Zcash (ZEC) is down by 14% today and is trading around $1,130 after touching $1,698 last week. This drop is a healthy correction after a big rally, with whales still buying and moving 1,000 ZEC to shielded pools. The major positive news is that Zcash's NU7 upgrade is now live on testnet, which will make transactions 3x faster by reducing block time from 75 to 25 seconds. Also, Winklevoss has filed for a new Spot ZEC ETF, showing growing institutional interest. Overall, short-term is weak but long-term fundamentals for ZEC look strong.
#BinanceSquareFamily #crpyto #ZECUSDT $ZEC
Zcash (ZEC) is down by 14% today and is trading around $1,130 after touching $1,698 last week. This drop is a healthy correction after a big rally, with whales still buying and moving 1,000 ZEC to shielded pools. The major positive news is that Zcash's NU7 upgrade is now live on testnet, which will make transactions 3x faster by reducing block time from 75 to 25 seconds. Also, Winklevoss has filed for a new Spot ZEC ETF, showing growing institutional interest. Overall, short-term is weak but long-term fundamentals for ZEC look strong.
#BinanceSquareFamily #crpyto #ZECUSDT $ZEC