The privacy-focused cryptocurrency zcash (ZEC) is being noticed by traders again after a rally of more than 50% over the past week. The rally followed news from last week that the coin will switch to a proof-of-stake consensus algorithm.
At 14:27 UTC on Wednesday, ZEC was up 22.7% over the past 24 hours and 56% for the past week, trading at a price of USD 261.
Despite the strong gains in recent days, however, zcash is still far away from its 2018 high of nearly USD 800. …
Read More: Zcash Extends Rally After Proof-of-Stake Plan, Twitter Shills
Altcoin News, Zchash, Monero, Market, Privacy