What Is Zcash?
Zcash is an open-source decentralized cryptocurrency that provides privacy and selective transparency to transactions. The Zcash project was created in 2016 and became the first cryptocurrency based on the Zero-knowledge proof cryptographic protocol.
This means that all the payments are recorded in the blockchain, but information about the sender, recipient, and the amount of the transaction is hidden. That’s why Zcash is one of the most popular anonymous cryptocurrencies
What Is ZEC Coin?
The project has its own initial coin called ZEC. Nowadays Zcash cryptocurrency is among the TOP 60 cryptocurrencies by market capitalization.
Future Of ZEC Coin And Achievements
According to the project’s official website, there were the following Zcash news and updates:
- Version 1.0 of the Network Upgrade Pipeline was introduced.
- The team introduced a potential new Zcash protocol feature built using the Halo 2 zero-knowledge proving system. It is the first implementation of Halo within Zcash, this would serve as a catalyst for Zcash user confidence and scalability.
- Released new versions of Zcash and successfully executed our fourth and fifth network upgrades, codenamed Heartwood and Canopy.
- Released a number of resources to assist in mobile wallet development, including an updated Android SDK, a new iOS SDK, and compatible light wallets with increased speed and efficiency.
- Developed and open-sourced the ECC Wallet for iOS and Android, which, along with our iOS and Android wallet SDKs, has already fostered the entrance of two additional Zcash shielded wallets into the ecosystem, Unstoppable and NightHawk.
Latest Zcash News
According to the official website, Zcash scheduled several new network releases that we can expect in 2021.
Zcash Price Trend
Source: CoinMarketCap, Data was taken on 2 April 2021
ZEC Price Now
Current Price $173.81
Market Cap $1,988,149,347.94
Volume (24h) $799,875,975.02
Market Rank #58
Circulating Supply 11,464,219 ZEC
Total Supply 11,464,219 ZEC
7 Day High / Low $127.21 / $175.11
All-Time High $5,941.8 Oct 29, 2016
Source: CoinMarketCap, Data was taken on 2 April 2021
Zcash Technical Analysis
Source: Tradingview, Data was taken on 2 April 2021.
Zcash Price Prediction
TradingBeasts ZEC Coin Price Prediction
According to TradingBeasts predictions, Zcash price can reach $164.503 (-5.35%) during May 2021. The maximum ZEC price is expected to reach $173.472 (-0.19%) by the end of the year 2021 while Zcash average price will stay at the level of $138.777 (-20.16%) per coin.
Wallet Investor Zcash Price Prediction
Wallet Investor says that the ZEC coin is a good option for a long-term investment with a long-term earning potential of +0.7038% in one year.
Zcash’s price has a chance to go up to the level of $482.187 (+177.42%) per coin by the end of 2021. While ZEC coin’s average price is expected to be at the level of $232.403 (+33.71%).
DigitalCoinPrice Zcash Prediction
DigitalCoinPrice thinks that Zcash’s price may increase in the future. The ZEC coin’s average price may possibly grow up to the level of $237.92 (+36.89%) per coin by the end of December 2021.
Should I Invest In Zcash?
As you can see analytics are quite positive regarding the future of Zcash price. But remember that no one knows for sure what the future will bring to the Zcash project.
Where To Buy Zcash (ZEC)?
The one thing we know for sure is that if you are looking for the best platform to buy Zcash coin – StealthEX is here for you.
How To Buy Zcash Cryptocurrency?
Exchange ZEC crypto on StealthEX with a low fee.
You can study a detailed article with an exchange guide, watch a tutorial video on our YouTube channel, or just go to StealthEX and follow these easy steps:
- Choose the pair and the amount for your exchange. For example, BTC to ZEC.
- Press the “Start exchange” button.
- Provide the recipient address to which the coins will be transferred.
- Move your cryptocurrency for the exchange.
- Receive your ZEC coins!
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The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.
