Zcash Zooms Past the Moon 🚀: 40% Surge While Crypto Weeps! 😭

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The Marvellous, Most Peculiar Tale of Zcash’s Skyward Leap

  • Zcash, that sly fox of the crypto world, has leapt a whopping 42
  • With $8.92B in futures and $1.44B in spot volume, ZEC is the belle of the ball, twirling around with Binance’s inflows and a market that’s suddenly gone all gooey-eyed. 😍
  • Bigwigs like Cypherpunk Technologies are throwing their hats (and millions) into the ring, while analysts whisper of $1,000 targets. Could Zcash be the golden ticket? 🌟

In a world where crypto markets are as gloomy as a Dahl villain’s lair, Zcash (ZEC) has popped up like a mischievous Oompa Loompa, rallying 42

Meanwhile, Bitcoin’s down 6

The Magical Technicals Behind the Rally

Since the end of October, Zcash has soared from under $100 to nearly $700. A 4-hour TradingView chart (pictured below) shows a trendline between $450 and $500 that’s been as reliable as a Dahl twist ending. Every time it dips, it bounces back like a rubber ball in a giant’s pocket. 🧦

The MACD, that clever little indicator, has broken above its signal line, shouting, “Upward pressure ahead!” 🗣️ And the green histogram bars? They’re cheering, “Momentum’s on fire!” 🔥 The RSI is at 73, hinting ZEC’s getting a bit too big for its boots, but fear not – a short-term pullback is just a hiccup in this grand adventure.

Zcash’s trading activity is like a Willy Wonka factory on steroids: $8.92 billion in futures and $1.44 billion in spot trades. Its market value? A cool $11.58 billion, with 16.31 million ZEC circulating. Binance is the ringmaster, handling $40.54 million and seeing more ZEC flood in than leave. 🎡

Coinbase, the slightly less flashy cousin, handled $18.37 million, also seeing more ZEC come in than go out. Kraken? A mere $8.83 million, with more ZEC exiting stage left. But let’s be honest, Binance is the star of this show. 🌟

Investor Confidence: A Tale of FOMO and Fancy Footwork

Zcash’s November rally is like a Dahl plot twist – unexpected and utterly delightful. Since September, it’s rocketed over 1,000

The U.S. Department of Justice’s $15 billion Bitcoin seizure? That’s put the spotlight on transparent ledgers’ vulnerabilities, making ZEC the “insurance policy” for high-net-worth types who fancy zk-SNARK-enabled shielded transactions. Over 30

High-profile endorsements from the likes of BitMEX’s Arthur Hayes (who’s loaded up via his Maelstrom fund and predicts $10,000 targets) and AngelList’s Naval Ravikant (calling it a privacy hedge) have sparked FOMO and short liquidations. Institutional inflows into Grayscale’s ZEC Trust? A tidy $150 million. 💼

Cypherpunk Technologies, those clever clogs, disclosed a 203,775 ZEC treasury purchase worth $50 million. Guess what? It’s now doubled, giving them an unrealized gain of $54 million. Talk about a golden goose! 🐔

With the November halving cutting block rewards by 50

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2025-11-15 11:50