Why is ZEN so awesome? What made it on the list of gainers!
ZEN, a cryptocurrency, is the result of another fork of ZClassic, which was hard forked from ZCash. It was previously called ZenCash. Its main feature is to protect user privacy and allow everyone to trade anonymously.
Remember I mentioned ZEN? At that time, BTC just broke the 100,000 mark. Now look at ZEN, it has almost doubled!
Why is ZEN so powerful?
First of all, Grayscale submitted ZEN's 8-K form to the US Securities and Exchange Commission, which is a big move.
Secondly, ZEN is a PoW coin, just like BTC, with a total of 21 million, which has just been halved. Unlike some coins now, they are issued endlessly and have severe inflation.
Moreover, Grayscale has recently increased its holdings of ZEN against the trend. It bought 76,000 the day before yesterday and 170 million in one go yesterday! Now it has a total holding of 880,000 coins. As soon as Grayscale made a move, the market also followed suit.
Also, ZEN2.0 is going to be upgraded, and it is said that the zk evm chain will be developed, probably between January and February 25. After the upgrade, the token zkv will be airdropped, which is a big positive.
In addition, the monthly line has just been broken, and ZEN has been moving independently recently, indicating that a big dealer has come in. Look at those coins that Grayscale has opened a separate trust, which one is not worth tens of billions of dollars? ZEN is only 200 million US dollars now, and the potential is huge, 50 times or 10 billion US dollars is possible. Moreover, ZEN is now much stronger than many tens of billions of currencies.
Finally, who is the backstage of ZEN? It is a group of miners standing at the top of the food chain! The ability of miners to pull the market can be seen from Bitcoin and Ethereum.
Can I still take it? I think that although ZEN has risen a lot, the follow-up potential is still very large.
Recently, I am planning to ambush a potential coin that is ready to explode. It is still very easy to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is expected that there will be no problem with more than 10 times the space. If you want to keep up, leave a message, follow, like, and share for free.
