Privacy coins are back—and this time, they’re rallying on their own. ZEC surged to around $1,350 today, up about 6% to 7.5% in 24 hours and roughly 4% in just one hour. On Binance spot ZEC/USDT, about $4.39 million in short positions were liquidated in an hour, compared with only around $90,000 in long liquidations—the bears got absolutely crushed. The intraday range was around $1,230 to $1,398, and its market cap is about $22.4 billion, putting it back near the top ten. The key thing is, the broader market isn’t helping: BTC is still hovering around $80,000. This ZEC rally is being driven by the privacy narrative and a short squeeze. Those who didn’t get in yesterday can only chase the price today. Before you do, think it through: a move that gains 4% in an hour can fall just as quickly once the squeeze is over. This isn’t investment advice—size your position carefully. $ZEC #Zcash #privacycoin
