- 1 Zcash Price prediction for upcoming 5 years: How much ZEC will fall or rise by end of 2018? Can ZEC reach $100 by end of 2018: Zcash price today Zcash (ZEC) News Today – Crypto News Today – Tue Nov 27
- 2 Zcash price today on 27th November 2018 with price chart
- 3 What is Zcash?
- 4 Zcash price prediction: Factors which can drive the Zcash growth
- 5 Zcash price prediction 2018
- 6 Zcash price prediction in 5 years
Zcash Price prediction for upcoming 5 years: How much ZEC will fall or rise by end of 2018? Can ZEC reach $100 by end of 2018: Zcash price today Zcash (ZEC) News Today – Crypto News Today – Tue Nov 27
Cryptocurrency is the modern method of investment and in 2017 lots of altcoin came into limelight. Although several coins came in the mainstream Zcash got the noticeable growth in very few time. Do you have no idea what is Zcash? Whether it will grow in upcoming years or not? Then this article worth for you. Let’s grab the basic information of Zcash and observe the Zcash price prediction for upcoming years.
Zcash price today on 27th November 2018 with price chart
Zcah is price for $66.83 today. The price of Zcash is going down during 2018 but it could be up in end month of 2018.
What is Zcash?
Zcash is referred to the proof of work digital currency which is created to focus on privacy and invisibility. It utilizes Zero Knowledge Cryptography and the main motive behind its creation is to provide a completely anonymous transaction. No one can neglect the importance of privacy and in fact, it is the topmost requirement of everyone. Zcash offers plenty of features which are really worth for those who want to stay anonymous. Moreover, it has the potential to displace Bitcoin.
Zcash price prediction: Factors which can drive the Zcash growth
It is not everyone’s cup of tea to predict the price of any cryptocurrency. You can say it is the toughest task to do. Several factors responsible for the rise or fall of a digital coin and we analyze to give you a fair idea of the forthcoming price. Before making a decision whether you should invest in Zcash or stay away from it, observe these facts that can make it grow. Here is a brief description of the favorable facts of Zcash.
Here I will explain with the law of demand and supply. And the rule says that when the supply of anything is limited then its demand increase significantly. When looking at the supply of ZEC, it is restricted to 21 Million tokens. And about 3,524,556 tokens are in circulation. Now you can assume that the limited supply can upgrade its demand. Thus its price can increase rapidly.
When observing the crypto market when you find that the number of privacy coins is limited and anonymity is the topmost requirement of every investor. ZEC attributed with the anonymous feature which makes it a targeted coin.
Another factor which can lead it to the path of huge success is that it is easily available on famous cryptocurrency exchanges. Investors can easily access ZEC and it enhances its credibility and legacy also.
Zcash has partnered with Ethereum which is included in top 10 cryptocurrencies. Also, it is integrated with JPMorgan to launch a zero-knowledge layer into the JPMorgan blockchain platform. These partnerships can make it an ideal coin to invest.
Zcash price prediction 2018
Although all the altcoins were facing the great fluctuation in their prices ZEC has shown a great stability in its price in 2018. All the upgraded features and different partnerships indicate for the great rise by the end of the year. Zcash is also working on transparency feature, replay protection for network upgrades, and transaction expiry and all these features will make it the best platform among all. Recently they have launched the Sapling Protocol update to diminish the time and memory use of shielded transactions. This feature will make mobile wallet support more workable and as a result, more and more people will stick with Zcash. It is expected that by the closing of 2018 it can reach $310. It is showing the huge chances of its price growth.
Zcash price prediction in 5 years
In the upcoming 5 years, ZEC will become famous hugely and as a result, the price of ZEC will increase drastically. There is a great hope that by 2020 Zcash can become the Initial globally accessible invest platform. It is also expected that it may secure a place in the top 10 ranking digital coins and outrank its rival altcoins. ZEC can reach up to $1200 mark by 2023.
So, should you invest in Zcash? I think you got the answer. Undoubtedly Zcash has innovative features and the topmost attire is its privacy attire. Moreover, its partnership with Ethereum is also noticeable but we can’t deny the risk and volatility of any cryptocurrency also. So it is my strong recommandation do your research first before buying any digital currency because nothing is fixed in the cryptocurrency. We can predict only but can’t give you the exact forecast of any currency. You can also take help of your financial advisor before going further.
Still any query regarding Zcash price prediction then comments below and if you have any suggestion then share with us. If you want to know about any specific coin then asks us without any hesitation. For more updates stay tuned.