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Will Zcash Break $100 Today? The best places to buy Zcash

 


Zcash is trading at $99.47 with a 24-hour trading volume of $264.2 million. It's up 12% in the last 24 hours. Will it break 100 USD? If you want to learn what Zcash is, how and where to buy Zcash, this guide is for you.


What is Zcash?

Zcash is a decentralized cryptocurrency that focuses on privacy and anonymity. It uses zk-SNARK zero-knowledge-proof technology, which allows nodes in the network to verify transactions without revealing sensitive information about those transactions.


Most cryptocurrencies on the market, including Bitcoin (BTC), are not anonymous, they are pseudonymous. Each user has their own public address or addresses that can be traced back to them via the methods of data science and blockchain forensics.


Zcash transactions, on the other hand, must still be routed through a public blockchain, but unlike pseudonymous cryptocurrencies, ZEC transactions by default do not reveal the sending and receiving addresses, or the amount sent.


However, we may disclose this information for audit or regulatory compliance purposes.


Should I buy Zcash today?

Considering how difficult it is to make an accurate cryptocurrency prediction, you should never make decisions affecting your finances before doing in-depth market analysis. Don't invest more than you can afford to lose.


Zcash Price Prediction

Cryptonewsz is extremely bullish on Zcash, predicting that it will reach $340 by the end of 2022, more than triple its current value. It could peak at $360 this year or drop to a minimum of $300.


By the end of 2023, Zcash could reach $400. The forecast high for next year is $430 with a low around $360.

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