Zcash Plummets, But Institutional Investors Remain Confident

After surging more than 700% year-to-date and 800% in just six months, ZEC has experienced a significant pullback, falling below $500. This retracement has ignited debates about the coin’s future potential, with some analysts predicting a further drop to as low as $55. Key players like Grayscale, the Winklevoss twins and Reliance Global Group continue to actively invest in Zcash, demonstrating strong faith in its long-term prospects.