Zcash ZEC Don Hit Record $7B Market Cap During Pre-Halving Rally
Zcash own token ZEC don reach new all-time high market cap pass $7 billion, after e price jump like 11% for 24 hours. Dis kain rally come after dem earlier 28% jumps, show say traders dey get more hope before Zcash halving wey dey come next month. The halving go cut block rewards and new ZEC wey dem dey issue half, e go reduce supply and e too dey make price go up before. Traders suppose dey watch on-chain metrics, liquidity flow, volatility, and how trade plenty as the halving dey near so dem fit fit prepare for price shakings.
Bullish
Di comin halving go cut ZEC issuance, e go reduce supply and olden times e don dey trigger price rally for short term and long term. Wetin market cap don grow quick and 24-hour gain wey plenty mean say traders demand strong and dem get positive mind. For short term, if issuance reduce e fit make market fluctuate more and trading volume rise as people dey reposition before supply shock. For long term, tight supply schedule fit help make price dey go up steady steady, especially because Zcash na privacy-focused asset wey market dey like.