💥 ZEC/USDT Just Exploded! 🚀
Zcash ($ZEC ) has seen some major volatility today, with a significant surge in the $ZEC/$USDT pair!
After a period of consolidation, the price is up over +7% in the last 24 hours, fueled by heavy buying volume and a growing focus on privacy-focused assets.
Key Drivers:
Privacy Narrative: Renewed interest in Zcash's unique zero-knowledge technology (zk-SNARKs) as global demand for privacy coins ebbs and flows.
Whale Action: Reports of large traders opening major long positions in $ZEC, suggesting increased confidence in the short-term trend.
Technical Breakout: Breaking past key resistance levels has triggered stop-losses and brought new momentum traders into the market.
Is this the start of a major rally for the privacy titan?
➡️ What are your price targets for ZEC? Let us know in the comments!
