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Zcash, the coin that guarantees full anonymity, gained 25% in 24 hours



Zcash is rising on news of the switch to PoS. The downward pressure is being driven by the excessive selling behavior of ASIC miners who liquidate mining rewards for immediate profits.

PoS validation provides a solution by reducing the network's environmental footprint, creating income premiums that encourage long-term owners, and providing a robust medium for community governance mechanisms. If you want to buy ZEC, we will give you the most important information in this guide.

What is ZEC?

Zcash is a decentralized cryptocurrency geared towards privacy and anonymity. While most crypto transactions are pseudonymous rather than anonymous, ZEC transactions ensure complete anonymity.

This is because the asset uses zk-SNARK's zero knowledge proof technology which enables network nodes to verify transactions without exposing sensitive data about them. By default, ZEC transactions show neither the amount sent nor the sender and recipient addresses.

Should I Buy ZEC Today?

According to expert forecasts, ZEC can be a very good investment as long as you use the right investment strategy.

ZEC price forecast

According to Wallet Investor, the Zcash price could reach $ 278 within a year. The token can be a profitable investment as the long-term earning potential in 12 months is + 8.98%. Before 2026, analysts predict that the price will rise to $ 540.

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