The big one is coming

Why has Grayscale's darling ZEN been so crazy these days?

In just five days, ZEN has surged 150% on the growth chart and is still rising. Can we still chase it? Can we still enter?

Let’s analyze whether there is still potential for continued explosive growth from these points!

1. Grayscale has submitted an 8-K form for the Grayscale Horizen Trust (ZEN) to the U.S. Securities and Exchange Commission (SEC).

2. ZEN is a POW coin with a total supply of 21 million, the same as BTC, and has just undergone a halving event, unlike many coins that currently face infinite inflation issues.

3. Grayscale has been aggressively increasing its holdings of ZEN recently, purchasing 76,000 coins the day before yesterday and another 170,000 yesterday, bringing its total holdings to 880,000 coins. Grayscale's large-scale holdings have triggered positive market enthusiasm and follow-up.

4. ZEN is about to welcome its 2.0 upgrade, expected to be completed in January to February 2025, which will create the ZK EVM chain and airdrop the token ZKV, with market expectations for this airdrop.

5. ZEN's monthly line has just broken through, and its recent trend is independent, indicating that strong players have entered the market. Among the coins for which Grayscale has established trusts, ZEN has the smallest market capitalization, while other coins have mostly reached market capitalizations of over $10 billion, whereas ZEN is currently only at $600 million, making its growth to a $10 billion market cap quite possible, as ZEN's potential far exceeds that of many coins with current market caps in the tens of billions.

From these points, it is clear that ZEN has enormous potential for the future.

Recently, the MORPHO I’ve been guiding friends to invest in has already risen by 35%. I will continue to scout for explosive potential coins, feel free to reach out to me.