Can Monero & Dash rally like Zcash to strengthen the “privacy coin market”?
ambcrypto.comBitcoin’s weakened market rally and subsequent losses over the last week gave way for altcoins to steal the show. While Avalanche and Crypto.com coin were among the few top alts that rallied, some took the market by surprise like Zcash (ZEC).
Over the last four days, ZEC outperformed major altcoins and even Bitcoin in terms of price gains charting over a 50% rise in price in just four days. This price uptrend came as a part of a rebound after Electric Coin Company discussed the prospects of moving Zcash from proof-of-work to proof-of-stake.
Source: TradingView
After reaching an ATH of $237.69 on Binance on 22 November, the alt was also able to recover from the losses it had faced earlier this week, amid downside retracement across the larger
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