ZEC is the one I’m watching a little differently today.
The chart already had its crazy run, from roughly $1,000 in September to almost $1,700 before the pullback.
Now the question is whether that was the whole move.
Today brought two things I actually care about: native ZEC swaps went live on THORChain, and the NU7 upgrade has now moved onto public testnet. The upgrade is targeting 25-second blocks, with mainnet currently planned for November 5.
That gives ZEC a real development story behind the speculation.
Still, I wouldn’t chase the old highs here. After a move this violent, I want to see buyers prove they can build a floor first.
If they do, I think ZEC has a much more interesting road ahead than the chart alone suggests.
Not financial advice. DYOR. $ZEC
The chart already had its crazy run, from roughly $1,000 in September to almost $1,700 before the pullback.
Now the question is whether that was the whole move.
Today brought two things I actually care about: native ZEC swaps went live on THORChain, and the NU7 upgrade has now moved onto public testnet. The upgrade is targeting 25-second blocks, with mainnet currently planned for November 5.
That gives ZEC a real development story behind the speculation.
Still, I wouldn’t chase the old highs here. After a move this violent, I want to see buyers prove they can build a floor first.
If they do, I think ZEC has a much more interesting road ahead than the chart alone suggests.
Not financial advice. DYOR. $ZEC
