$ZEC - Zcash š”ļøš
š Project Overview:
Zcash is a pioneering privacy-focused cryptocurrency that utilizes zero-knowledge proofs (zk-SNARKs) to allow transactions to be completely shielded (private) or transparent. Launched in 2016, its core mission is to provide financial privacy and fungibility in a transparent blockchain world. Often called the "first digital cash" with optional privacy, it remains a leader in the privacy coin sector.
š Price: $137.78 (24h change: +3.51%)
š Tokenomics & Trading Data:
Ā· Circulating Supply: 16.24M ZEC
Ā· Maximum Supply: 21M ZEC (Bitcoin model)
Ā· Market Cap: $2.24B
Ā· 24h Trading Range: $133.00 - $142.00
Ā· All-Time High (ATH): $3,191.93 (Oct 2016, -95.69%)
š” What to Expect When Trading:
ZEC is a veteran coin with a finite supply. Its price is highly sensitive to regulatory news on privacy coins. Recent upward momentum suggests renewed interest in its core zero-knowledge tech, now central to L2 scaling. With its capped supply and high coin price, ZEC often makes sharp, high-volatility moves when liquidity spikes. It thrives as a speculative asset tied to the privacy narrative.
ā Pros:
Ā· Strong technology: zk-SNARKs remain industry-leading
Ā· Deflationary model: 21M supply cap, like Bitcoin
Ā· High volatility: attractive for experienced traders
ā Cons:
Ā· Regulatory risk: heavy scrutiny of privacy coins
Ā· Far from ATH: long recovery ahead
Ā· High unit price: less appealing for smaller retail buyers
šÆ Trading View:
Ā· Intraday: Watch for a break above $142 with strong volume for a run toward $155. Key support sits near $135.
Ā· Long-Term: ZEC is a strong privacy bet in Web3. Good DCA range is $110ā$125. Take partial profits at $200ā$220 while holding for larger market moves.
BUY & TRADE HERE š°