Honestly, I had to look at this chart twice
Zcash was sitting near $193 in March. Now $ZEC is above $1,500
Almost 8x in a few months
Privacy is clearly back in the conversation but the last part of this move looks like more than fundamentals to me, shorts got squeezed traders chased the green candles and every breakout made the next one faster
Iām not going to pretend I know where the exact top is
The interesting part starts when things calm down a little
Does shielded usage keep growing? Does real demand stay?
If it does then there is something real under this move
If the attention disappears with the leverage $1,500 is a very different place than $193