Today’s cottage recommendations:
$ZEN used to be a privacy coin. The future plan is to develop into a public chain. This week it just reached the mid-term long position. The current price is 8.92. The market value is not high, but there is still a lot of room for growth. The suggestion is Continue to hold.
Reasons for holding positions:
1. Grayscale currently holds a large amount of ZEN positions. The final verdict of the SEC victory may be announced this Friday, or at the latest next Monday. Winning the lawsuit is good news, which is also conducive to the rise of ZEN.
2. The ZEN plan is to launch counterfeit nodes. If you want to become a node, you need to pledge ZEN. This plan increases the usage scenarios of ZEN and its token empowerment.
3. The beta version of ZEN’s EON mainnet has been released. EON is compatible with EVM, and the launch of the mainnet is also a potential benefit.
Therefore, based on the above three points, ZEN's upside potential is still huge.