$ZEC is up 6.8% today to about 1,304, and it's now a top 10 coin. The privacy trade is very much alive 🛡️
While most of the market is flat, Zcash keeps making headlines:
• Price: one of the strongest large caps of the day, while Bitcoin is up only about 1%
• Governance: a Zcash co-founder proposed ending the grants program that funds development, pointing to a 125 million dollar treasury that could cover it instead
• Narrative: privacy coins have been some of the best performers this cycle as more activity moves on-chain and users want more control over their data
The grant debate matters because it decides who pays for the network's development and how much new supply goes to funding it. Changes like this can shift how investors value the coin.
The flip side: after a run this big, volatility cuts both ways. Strong trends can still see sharp pullbacks.
Is $ZEC a long-term privacy play or a momentum trade for you? 👇
#Zcash #PrivacyCoins #CryptoNews
While most of the market is flat, Zcash keeps making headlines:
• Price: one of the strongest large caps of the day, while Bitcoin is up only about 1%
• Governance: a Zcash co-founder proposed ending the grants program that funds development, pointing to a 125 million dollar treasury that could cover it instead
• Narrative: privacy coins have been some of the best performers this cycle as more activity moves on-chain and users want more control over their data
The grant debate matters because it decides who pays for the network's development and how much new supply goes to funding it. Changes like this can shift how investors value the coin.
The flip side: after a run this big, volatility cuts both ways. Strong trends can still see sharp pullbacks.
Is $ZEC a long-term privacy play or a momentum trade for you? 👇
#Zcash #PrivacyCoins #CryptoNews