Why has ZEN Coin become the new favorite among institutional investors?
During the private placement phase, it's like a high-end club; only qualified investors can enter, seizing opportunities ahead of the market.
In the public offering phase, it's like an exhibition in the square; ordinary investors can buy in, but prices may fluctuate.
During the SEC reporting phase, Grayscale must report to the U.S. Securities and Exchange Commission, increasing transparency and attracting more investors.
Currently, ZEN Coin is in the public offering phase, opening its doors to all investors. This means that ZEN Coin is moving from the small circle of privacy coins to a broader group of investors. Grayscale is very confident in the long-term value of ZEN Coin.
The 'Transformation' of ZEN Coin: Privacy Gone, Compliance Here
In 2023, the privacy coin market has come under regulatory scrutiny, with coins like Monero and Zcash facing significant pressure. The Horizen team behind ZEN Coin has chosen a bold yet pragmatic path: to abandon its identity as a privacy coin and transition to a 'Layer 0 blockchain'. This is both a gesture towards regulators and a repositioning of itself. ZEN Coin is no longer the 'secretive rebel' but rather the 'compliant technological pioneer'.
Of course, this transformation comes at a cost. ZEN Coin is currently trading at around $38.12, but liquidity remains stable on major exchanges like Binance and Coinbase. This indicates that the market recognizes ZEN Coin's strategic adjustments and is optimistic about its long-term development.
The metamorphosis journey of ZEN Coin is truly worth looking forward to.
The story of ZEN Coin is a classic case of transformation and rebirth. From a privacy coin to a Layer 0 blockchain, ZEN Coin has undergone a tremendous change in a short time.
Although this adjustment comes with controversy and challenges, it has also opened new doors of opportunity for ZEN Coin. As part of the Grayscale Horizen Trust, ZEN Coin has not only established a foothold among institutional investors but has also demonstrated its strength amidst market fluctuations. Whether in terms of short-term investment returns or long-term technological prospects, ZEN Coin deserves investors' attention.
Of course, the future of ZEN Coin remains uncertain. Technological competition, market fluctuations, and regulatory pressure are all tests.
Don’t be blinded by short-term ups and downs; let Qi guide you and reveal a potential coin expected to multiply tenfold! Follow Qi and let her lead you out of confusion and towards financial freedom!
