ZEC just reminded the market that privacy coins are not dead yet
ZEC is trading in the high 300s today after a sharp daily bounce and an unbelievable multi-month run. Circulating supply remains low around 16 million, with a strict cap at 21 million, making it one of the scarcest assets in the top 100. The token has recovered strongly this year thanks to renewed speculation around privacy, increasing on-chain activity, and a sudden wave of interest from traders rotating out of weaker alts.
Even though ZEC is still miles below its all-time high from years ago, the chart now shows aggressive accumulation, heavy spot buying, and a regained confidence among long-time holders. At the same time, regulation pressure remains a risk privacy coins always walk that thin line.
ZEC tonight feels like a veteran with bruises on its face but fire still in its eyes dangerous, unpredictable, and absolutely alive. $ZEC
Disclaimer: Not financial advice, Do your own research and invest responsibly.