$ZEC and some things you may not know.
1, This coin is quite old, launched in 2016, is a fork of Bitcoin – but has extremely strong anonymity thanks to zk-SNARKs (zero-knowledge proof) technology.
2, Maximum supply: 21 million ZEC (mimicking Bitcoin).
3, There are 2 types of addresses:
T (transparent) – public like BTC.
Z (shielded) – completely anonymous (hides sender, receiver, amount).
4, Developed by Electric Coin Company (ECC) – a team of many top cryptographers in the world.
5, Many experts call ZEC “Bitcoin with an invisibility cloak.”
Halving occurs every 4 years – the next one is expected in 2026, causing supply to decrease over time.
🚀 WHY HAS ZEC RECENTLY INCREASED IN PRICE?
- FOMO effect from Arthur Hayes (former CEO of BitMEX) – he predicts ZEC could reach $10,000, igniting investment sentiment.
- The wave of “privacy coin narrative” – as many people are concerned about privacy and anti-surveillance in transactions.
- Strong increase in on-chain activity – the number of anonymous (shielded) wallets skyrocketed.
- Expectations for the next halving → decreasing ZEC supply.
- Trading volume has exploded, indicating speculative money is pouring in strongly.
