Brothers, ZEC is really strong this time! It directly surged 8.11% in 24 hours, and it's even more exaggerated over 7 days, soaring over 40%, with a market cap stabilizing at $7.2 billion!
Why is it so crazy? On the news front, recently the market's attention to privacy coins has suddenly intensified, and ZEC, as an established privacy coin, has reaped the benefits of this wave. But don't be fooled by its current glory; looking at the longer term, it's still down 28% in 30 days, and the volatility is like riding a roller coaster—surprisingly it can rise 819% in 90 days, only to drop back down again; this kind of play is really tough on the heart.
To be honest, ZEC has its hardcore value; the demand for privacy will definitely be a plus in the future. However, the sentiment in the crypto world changes faster than flipping a book; if you chase the highs, you're likely just standing on a hilltop, feeling the wind. A market cap of over $7 billion isn't small, but it's still far from stable.
If you ask me if you should get in? I only have one sentence: Watching the show is fine, but if you really want to enter, manage your position well, set your stop-loss firmly, and don't be blinded by the sudden surge—when the wind comes, pigs can fly, but when the wind stops, they are the ones who fall the hardest. Opportunities are fleeting, a correction is imminent, buying the dip for spot positions, and the altcoins' huge profits are waiting for you! Doubling is not a dream; tap the avatar to follow @Square-Creator-f7ffc9969dda6 , and let's enjoy the bull market feast together!
