$ZEC has exploded recently — up more than 1,500% in the last two months.
The price reached a high near US $744 and then pulled back about 30%.
Trading volumes and leveraged positions are huge: over US $18.8 million in 24h liquidations of ZEC futures.
Analysts warn the rally may be overheated and a sharp correction (even 45-90%) could follow, based on past cycles.
ZEC
416.32
+2.39%
BTC
86,328.01
-2.80%
