Paradigm disclosed a stake in Zcash, and the token ripped 23% to a record high.
This happened while the market was digesting the first Fed rate hike since 2023. Bitcoin is up less than 1%. ZEC is up on a specific, fundamental catalyst.
The desk's read is that thesis-driven trades are working again. When major funds start making high-conviction buys into specific alts, ignoring the macro noise, that's a signal. This is how market bottoms form — not with one big V-shape recovery for everything, ...
If you have cash in hand, don't hesitate to put in ZCash!
$ZEC coin is up 275% in the past 3 months, 85% in the last month, and 77% this current month.
I am expecting more hikes to be possible. The structure looks perfectly bullish, and corrections are happening just as designed to push for more upside. Just look at the 15-minute and 1-hour charts yourself: RSI is cooling with price corrections, and pushing higher highs again with RSI in overbought conditions.
More importantly, the 4-hour, da...