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Zcash now, up 13% in 24 hours



 Live Zcash price today is $126.33 with 24-hour trading volume of $419.8 million. Zcash is up 12.67% in the last 24 hours.


If you want to know what Zcash is, is it worth buying and where is the best place to buy Zcash now, you've come to the right place.


What is Zcash?

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


The main benefit of Zcash lies in its optional anonymity, which allows for a level of privacy unattainable with regular, pseudonymous cryptocurrencies like Bitcoin or Ethereum.


ZEC transactions can be sent in two ways: transparent and shielded. Transparent transactions work in much the same way as Bitcoin. They are sent between public addresses and recorded in an immutable public ledger (the blockchain).


All the essential information about these transactions is available to anyone online, including the sending and receiving addresses and the amount sent.


These public transactions do not openly reveal user identities: the only identifiers that an outside observer can access from the blockchain are public addresses.


Should I buy Zcash today?

Nothing can replace your own research. Any investment decision you make should be based on your knowledge of the market, your risk appetite and the characteristics and diversification of your portfolio. Also consider how you would feel if you lost money.


Zcash Price Prediction

Price Prediction is very optimistic for Zcash. They expect it to trade for at least $133.67 this year but believe it is more likely to rally to $160.64.


The lowest level that Zcash will fall to in 2023 is $198.86. It may reach USD 234.20 next year. In 2024, 1 ZEC will be worth at least $296.68. The maximum it can rise to is $348.65.


Eventually, 1 ZEC is expected to surpass $400 in 2025 and cost at least $418.12 this year.

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