$ZEC According to our current Zcash price prediction, the price of Zcash is predicted to rise by 2.44% and reach $ 33.42 by August 30, 2024.
Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 61 (Greed).
Zcash recorded 18/30 (60%) green days with 18.84% price volatility over the last 30 days. Based on the Zcash forecast, it's now a good time to buy Zcash.
Zcash price prediction 2025;
The Zcash price prediction for 2025 is currently between $ 29.50 on the lower end and $ 74.59 on the high end.
Compared to today’s price, Zcash could gain 127.43% by 2025 if ZEC reaches the upper price target.
ZEC is used for transactions and as a reward for miners. Zcash employs two types of tokens: transparent tokens (similar to Bitcoin) and shielded tokens with enhanced privacy through zero-knowledge proofs.
Zcash Use Case: Digital Cash
It is designed to be used for everyday transactions while retaining the identity of the user if needed.
ZEC token holders can easily choose to hide or display their identity by using specialized wallet addresses.
Is ZEC a security
Investment Objective
Grayscale Zcash Trust is one of the first securities solely invested in and deriving value from the price of ZCash ("ZEC") that enables investors to gain exposure to ZEC in the form of a security while avoiding the challenges of buying, storing, and safekeeping ZEC, directly.
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