Important things are worth saying three times, the huge pump is coming, get on the bus, get on the bus, get on the bus, the specific logic is as follows
1. Recently, the zen coin has shown strong resilience and independent performance in the market. Grayscale has significantly increased its holdings of zen in the past two days, accumulating about 250,000 zen. This move has attracted widespread attention in the market, and many analysts believe that Grayscale's increased holdings indicate its confidence in zen coin. In addition, the price of zen coin has also shown a significant rebound in the short term, demonstrating strong capital inflows and technical support.
2. Zen coin is a cryptocurrency based on the PoW consensus mechanism, with a total supply of 21 million, similar to Bitcoin. Recently, zen coin has undergone several technical upgrades, including the upcoming zk-EVM chain, aimed at enhancing privacy protection and smart contract functionality. These technological improvements not only enhance the security and functionality of zen coin but also provide more possibilities for its future applications.
3. Although the entire cryptocurrency market has experienced a period of adjustment, zen coin has shown relatively stable performance. Over the past few months, zen coin has been lingering at low levels, but there have been clear signs of a rebound recently. Technical analysis shows that zen coin's monthly line has just broken through, indicating that its long-term trend may turn positive. In addition, zen coin has a relatively low circulation of only 15 million, which also increases its scarcity and appreciation potential.
4. Several industry insiders and investors are optimistic about the future development of zen coin. They believe that with Grayscale's continued increase in holdings and the attention of other institutional investors, the value of zen coin will become more prominent. Especially after the upcoming zen 2.0 upgrade is completed, zen coin will usher in new growth momentum. Some analysts predict that zen coin may achieve dozens of times growth in the coming years, becoming a dark horse in the market
