🚨 $ZEC
IS ONE OF THE WILDEST STORIES IN CRYPTO RIGHT NOW
Just a few months ago, Zcash was trading around $250.
Now it has pushed above $1,600.
But the interesting part is what has been happening underneath the price. 👀
• Shielded transactions hit 62,379 last week, the highest weekly level since 2022
• Zcash settled more than $23B in transfer volume last week, its second
That makes the current Zcash move a much bigger story than just a chart going up. 🤯
The qeuestion now is what happens next.
Does the onchain activity keep accelerating with the price, or does the market eventually cool off after such a massive move?
What are you watching from here?
IS ONE OF THE WILDEST STORIES IN CRYPTO RIGHT NOW
Just a few months ago, Zcash was trading around $250.
Now it has pushed above $1,600.
But the interesting part is what has been happening underneath the price. 👀
• Shielded transactions hit 62,379 last week, the highest weekly level since 2022
• Zcash settled more than $23B in transfer volume last week, its second
That makes the current Zcash move a much bigger story than just a chart going up. 🤯
The qeuestion now is what happens next.
Does the onchain activity keep accelerating with the price, or does the market eventually cool off after such a massive move?
What are you watching from here?
