ZEC has retraced over 20% from its peak, and the probability of "Will Zcash reach $1,000 by December 31?" on Polymarket has dropped to 36%.
ChainCatcher news, privacy coin ZEC surged above $750 on Friday before pulling back to $488, and is now trading at $550. Following BitMEX co-founder Arthur Hayes' call, despite ZEC having retraced more than 20% from its peak, the market still remains confident in its rise to $1,000. On Polymarket, the probability of "Zcash reaching $1,000 before December 31" stands at 36%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Elon Musk speaks out again: It would be my honor to hire Jensen Huang
On November 12 local time, the well-known financial commentary account ZeroHedge posted on social platform X, calling out to Musk: "Elon please hire Jensen." Musk immediately responded: "That would be an honor."
5 Days of Bitcoin ETF Outflows, Brought to You Mostly by BlackRock
Crypto prices
More
