Global Stock News

ZEC Euphoria Fades Just Ahead of the ETF Launch

ZEC Euphoria Fades Just Ahead of the ETF Launch


19h15 ▪
4
min read ▪ by
Evans S.

Summarize this article with:

Zcash has just experienced a strange week. The crypto ZEC climbed about 72% between August 18 and 23, reaching 878 dollars. Discussions on social media exploded even faster. Then almost everything fell back before the launch of Grayscale’s ETF on August 25. The price has since corrected by about 10%.

A Zcash balloon deflates in front of a financial building as surprised crypto investors look on.A Zcash balloon deflates in front of a financial building as surprised crypto investors look on.

In brief

  • Social mentions of Zcash multiplied by six before the ZEC peak.
  • The buzz had already returned to its usual level at the…

Source link

Share this article

Scroll to Top