The upgrade is just around the corner, and the price has already climbed a bit today. Is something really going on with this coin, or are people celebrating too soon? $ZEC
The official word is that it’ll happen around November 5, Americas time, which could fall on the 6th in Beijing time. It’s triggered by block height 3,543,405—not at an exact time.
There are just two concrete changes: block times are cut from 75 seconds to 25 seconds, and 60% of the fees from each block will go into the reserve pool, with miners keeping the remaining 40%.
Today’s move was pretty wild too. The chart hit a low of 1,159 and surged to a high of 1,325. As of this evening, it’s back around 1,285.
The 24-hour gains reported by various platforms today were all over 10%, comfortably outpacing the broader market.
As the price climbed, shorts got liquidated much harder than longs. Short sellers had a rough day.
I don’t hold any—just watching with envy. I’ve seen too many cases where a price runs up ahead of an upgrade and the good news gets priced in early. When the moment actually comes, nobody knows whether it’ll rise or dump.
Not investment advice. Be aware of the risks.
The official word is that it’ll happen around November 5, Americas time, which could fall on the 6th in Beijing time. It’s triggered by block height 3,543,405—not at an exact time.
There are just two concrete changes: block times are cut from 75 seconds to 25 seconds, and 60% of the fees from each block will go into the reserve pool, with miners keeping the remaining 40%.
Today’s move was pretty wild too. The chart hit a low of 1,159 and surged to a high of 1,325. As of this evening, it’s back around 1,285.
The 24-hour gains reported by various platforms today were all over 10%, comfortably outpacing the broader market.
As the price climbed, shorts got liquidated much harder than longs. Short sellers had a rough day.
I don’t hold any—just watching with envy. I’ve seen too many cases where a price runs up ahead of an upgrade and the good news gets priced in early. When the moment actually comes, nobody knows whether it’ll rise or dump.
Not investment advice. Be aware of the risks.
