Today news
About the same in other media
09.12 - 18:26
Zcash Extends Rally After Proof-of-Stake Plan, Twitter Shills
Reading now: 484
cryptonews.comThe privacy-focused cryptocurrency zcash (ZEC) is being noticed by traders again after a rally of more than 50% over the past week. The rally followed news from last week that the coin will switch to a proof-of-stake consensus algorithm.
At 14:27 UTC on Wednesday, ZEC was up 22.7% over the past 24 hours and 56% for the past week, trading at a price of USD 261.
Despite the strong gains in recent days, however, zcash is still far away from its 2018 high of nearly USD 800.
The coin has also ended up somewhat in the shadow of monero (XMR), another privacy-focused coin with a significantly larger market capitalization.
The gains today come after Electric Coin Company, the organization behind zcash, last week launched a new roadmap for development
Read more on cryptonews.comAbout this in other media
Self-proclaimed Satoshi Nakamoto, Bitcoin creator, to pay $100 million in suit cnbctv18.com /2 years ago
WazirX, Presearch and Komodo rally after data shows a surge in user activity cointelegraph.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
