Recently, many people have been discussing $ZEN. What exactly is this project?
In 2021, $ZEN skyrocketed from $15 to $150 in just three months, attracting quite a bit of attention. Currently, Grayscale has announced the launch of the $ZEN Trust Fund, and market analysts generally believe that this will further increase the chances of $ZEN being accessed by traditional investors.
At the same time, $ZEN's price has risen from $7 to $25 since November, due to the Grayscale news, with a single-day increase exceeding 70% at one point. Some analysts suggest that if favorable conditions persist, $ZEN could reach $50 by the end of 2024, and there is even a chance to challenge or break the historical high of $150 in early 2025.
As a pioneer project in the privacy coin space, $ZEN has already been listed on major exchanges like Coinbase and Binance, and is now also joining the Grayscale Trust Fund. It recently completed its final halving, further reducing token supply, and its price has risen over 300% in the short term. Many market participants speculate that by 2025, $ZEN may become one of the representative projects in the privacy sector. Based on its current market value, some opinions suggest that $ZEN still has a growth potential of 10 to 15 times.
Although future trends still depend on market conditions, there are views that if $ZEN continues to develop positively, it may achieve several times returns by early 2025. $ZEN is on a spiral upward trend.