Unveiling why $ZEN can soar this year with a 550% increase, is there still room for further growth?
The recent surge of $ZEN is closely related to the crazy buying by Grayscale and Wall Street big shots.
Just a few days ago, after Grayscale's massive purchases, $ZEN skyrocketed by 200% in just a few days. Yesterday, Grayscale also launched the ZEN Trust Fund, which is another significant project following SUI.
Looking back at the historical K-line chart, in just three months in 2021, ZEN soared from $15 to $150, marking a tenfold increase!
After a long bear market, ZEN has been consolidating for an extended period on the weekly chart.
If Bitcoin continues its bullish trend, it is very likely that ZEN will experience a significant upward trend in the future. As the saying goes, "the longer it consolidates sideways, the higher it will rise vertically." The increase of ZEN this year has only been about 5 times so far.
Moreover, ZEN is not only listed on Binance but also on Coinbase, and with the support of the Grayscale Trust, its liquidity is quite good.
In the future, ZEN plans to establish its own network, and users holding ZEN are expected to receive airdrops of zkf tokens, which adds extra value appreciation opportunities for holders.
If you ask the principal whether there is still room for ZEN to rise in the future, the principal believes that ZEN still has great potential ahead.
In fact, like altcoins, as long as it's a bull market, continuously increasing your holdings by buying during dips and selling during peaks will certainly not lead to losses.
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