Zcash is up on news of migrating to PoS. Where to buy Zcash before it’s too late
Ever since announcing an upcoming migration to proof of stake, Zcash has been seeing marvelous gains. The live Zcash price today is $254.68 with a 24-hour trading volume of $1.38 billion. Zcash is up 27% in the last 24 hours. Do you want to know where to buy ZEC? Read on to find out.
Top places to buy ZEC now
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Binance
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What is ZEC?
Zcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions.
Should I buy ZEC today?
Originally a Bitcoin fork, Zcash’s move from proof-of-work to proof-of-stake is aimed at reducing downward pressure on ZEC’s market price. Presumably, this will result in an increase of its value.
ZEC price prediction
According to Crypto News Z’s one-year Zcash forecast, the token might reach $280 by the end of this year. They predict it will trade around $340 on average by the end of 2022. Next year, it could reach $360. They forecast a bottom price of around $300, which is still an increase from now. They believe Zcash might continue to grow in 2023. By the end of the year, it could hit $400.
ZEC on social media
zec/btc nobody paying attention innit
tap the 200 2x then breaks out on the 3rd attempt
note that last time zec did this it failed, this time it did not #ZCASH 🛡️🥂now break .0046 ty pic.twitter.com/lY3RnLeFsU
— zkashmoney(🛡,🛡) (@gogetitman28) November 13, 2021
The post Zcash is up on news of migrating to PoS. Where to buy Zcash before it’s too late appeared first on Coin Journal.
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Daniela Kirova, Khareem Sudlow