It’s not a short term narrative and it’s not a random short-lived pump
– Robinhood listed it recently which massively expands retail access and general legitimacy in the minds of the average crypto buyer
– Over 30% of circulating ZEC is now shielded, which is a pretty huge signal that the privacy use case is not even close to slowing down
– ZEC growth inside the shielded pool = privacy network effect expansion
– Daily volume exploded this week and social mentions picked up hard
– Technically it looks like a clean breakout, so once momentum traders notice it, they pile on
So this doesn’t look like a random green candle to me. As much as the haters want it to be “an influencer pump”, they are horrendously wrong.
It looks more like:
1. privacy narrative is growing
2. access got easier
3. chart confirmed it
4. market is repricing fast because ZEC has been ignored for a long time
ZEC fits a massive growth narrative setup
I grabbed a little more ZEC exposure today through a KYC-less, privacy-centric crosschain swap on LeoDex instead of reopening old CEX accounts.. you know what I did next 🛡️
Are crypto influencers the real reason Zcash is going up?
byu/Accomplished-Eye5567 inCryptoMarkets
Posted by Accomplished-Eye5567