Zcash Jumps 25% in a Day, Extending Monthly Gain Beyond 60%

According to crypto.news data, Zcash reached a three-month high of $330 on Wednesday as investor interest in the privacy-focused cryptocurrency strengthened.

ZEC

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Terms & Concepts
  • Zcash: A privacy-focused cryptocurrency that offers users the option to shield transaction details on its blockchain.
  • Privacy coin: A type of cryptocurrency designed to obscure transaction data such as wallet addresses or transfer amounts.
  • Three-month high: The highest price level an asset has reached in the past three months, often used to gauge momentum.