ZCash Surges: Analyst Sees Potential for 3x Growth, But Weighs Risks

Cryptocurrency analyst Joao Wedson believes Zcash (ZEC) is experiencing a historic price surge, exceeding all on-chain price models and marking its second-strongest yearly performance. Wedson attributed this rally to aggressive selling by long-term investors, which has triggered significant market volatility. 📊 The analyst highlighted that very old ZECs—those who haven’t traded in years—are now moving for the first time, adding to the increased market fluctuations. 📈