Price Prediction
Zcash Surges 14% Daily: All-Time High Expectations
Zcash (ZEC) has surged over 14% in the past 24 hours, surpassing $1,300, driven by bullish sentiment and expectations of a new all-time high. The upcoming NU7 upgrade, set for November 5, aims to reduce block time significantly, which analysts believe could lead to further price increases. Despite the recent gains, there are concerns about a potential pullback post-upgrade, as recent exchange netflows indicate increased selling pressure from investors moving assets to centralized platforms.