#ZEN
From December 20 to today, December 5. It is very rare for a cryptocurrency to rise from 14 to 40, especially with the recent drop in Bitcoin that did not have a significant impact on it. Although I haven't traded this cryptocurrency, I have indeed been paying attention to it and hesitated to act, planning to wait until after Christmas, which is a bit of a pity.
But I have a concern:
The Grayscale release date is the 23rd, and the price surged. However, from the market perspective, the first trial stretch happened on November 11, with prices fluctuating around 8 dollars. The second occurred on November 25, the first stretch after the trial, followed by several days of increasing positions. Then, on December 6, there was a pullback that washed out positions, with the price rising from 19 dollars down to 12 dollars, continuing to fluctuate until the significant increase in positions and volume on December 20, when the price quickly broke through 19 dollars and rapidly stretched to the current level. The position increase has been ongoing, just with reduced intensity, but it is still an increase!
In terms of the main force's cost, the current control cost price is around 25 dollars. It feels to me that this cryptocurrency is quite unusual! Everyone should pay attention to it.
Grayscale’s layout for ZEN injects strong momentum!
On December 23, 2024, Grayscale Investment Company submitted the latest documents regarding the Horizen Trust Fund, marking a new peak in investment interest for ZEN! According to the content of the documents, Grayscale has successfully issued over 3 million dollars worth of ZEN tokens through private placement to institutional investors and has received favor from top global investors.
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