Reporting back: the strategist called 1,150 five days ago, and this thing is seriously impressive! #ZEC
It bottomed out at 1,112!
Someone asked whether ZEC is still worth buying. I think it definitely is!
This rally is clearly being driven by a new market maker, with institutional-level trading!
ZEC has already launched an ETF, and privacy coins still have a place in the on-chain space!
There’s definitely demand. ZEC is a privacy coin that complies with regulations. Compared with XMR (Monero), its privacy features aren’t as strong, but it meets certain regulatory requirements, which lets big money get involved!
Monero offers absolute privacy, and even people operating in the grey areas use it. Its market size is definitely smaller than that of mainstream, above-board capital!
That’s why ZEC has outperformed XMR this time!
In the long run, ZEC has a place among the top ten coins. It’s already starting to take off!