How is the price of zcash today as the broader simpto market drops?
ZCASH (ZEC) continues to dominate the broader Strupto market. At the end of the North American session on Friday, November 14 at $574, the high-level personal centimeter rose more than 16% in 16 hours.
Meanwhile, Bitcoin (BTCIN) led the broader token industry on SELLOFF, dropping more than $3.22 trillion from its 24-hour total in 24 hours. The price of ZEC has been wiped out on all risks as Miscipto traders signaled high fears.
Why is the value of ZCASH undeniable in the wider Strupto market?
Individual-hundred towels are in high demand
Institutional investors' interest in ZEC has declined significantly in the recent past. At the beginning of this week, A16Z will improve the overall demand for privacy related strategies.
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About 50 million of them received a total of 203,775 Zece. Meanwhile, the GRASCECALL CCCHash trust has reached a total of 200 million dollars in management.
The need for privacy-centimeter feathers where the crime of privacy rights is committed
ZEC's impressive performance is largely driven by the demands of the Privacy-Crypto Project due to the worldwide criminalization of privacy rights.
For example, the new EU Anti-Money Laundering (AML) rules, people in this region can only be transferred in the 10,000s of money payments. In addition, in addition to the access to EU privacy bills and coins, the CONATPTO project is waiting for the EU to detect and verify transactions.
What's next for ZEC?
After the entry of all other mid-terms in the last few months, the price of ZEC is well positioned to continue the same trend ahead. The largest cap civilization is 32% of the rest of the dividend in the full state, while the $2.09 billion is close to $12 billion.
From the standpoint of technical analysis, the price of Zack is well positioned to reach $1000 in the near future. However, the price of ZEC should soon close to $223 with a permanent close above $690 in days with a price of $223.
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