Zhong Shuzhi Research: Let me talk about the logic, Zen is a POW coin, with a total supply of 21 million, just like BTC, unlike many coins now that have unlimited inflation.
First, Grayscale has recently increased its holdings of Zen against the trend, buying 76,000 units the day before yesterday, and directly buying 1.7 million units yesterday. At this buying speed, they will soon buy out all the circulating chips.
Second, the Zen 2.0 upgrade is coming, after the upgrade, it will implement a zk EVM chain, expected around January to February 2025, and after the upgrade, there will be an airdrop of the token ZKV. There is an expectation for the airdrop.
Third, the monthly line has just broken through, and it has been an independent market recently, indicating that there are large investors entering. Zen has the smallest market value among all the individual trust coins in Grayscale, while others are basically over 10 billion USD, Zen is currently only 200 million USD, which means a potential 50 times increase, and 1 billion USD is very likely. Zen is much stronger than many current over 10 billion garbage coins.
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