Supply side will dry up when the Electric Coin Company confirms the conversion to Proof of Stake
Proof of Work miners will be triggered into Holding their coins in order to claim stakes in the future, rather than liquidating them on the market
Zcash will also roll-out an upgrade to Have Transaction Privacy by Default, transparency as an opt-in feature
Lastly the Breakthrough protocol upgrade to RZKSNARKS - Recursive Zero-Knowledge Succinct Non-Interactive Argument(s) of Knowledge
3,550 new zcash emitted daily, inflation by % is 11, inflated global 24-hour volume remains near 250-400 million dollars
the current circulating supply is 11.7 million ZEC, by the end of the year it will be 12 million
Price Target is $990 to $1770 within 90 days
Proof of Work miners will be triggered into Holding their coins in order to claim stakes in the future, rather than liquidating them on the market
Zcash will also roll-out an upgrade to Have Transaction Privacy by Default, transparency as an opt-in feature
Lastly the Breakthrough protocol upgrade to RZKSNARKS - Recursive Zero-Knowledge Succinct Non-Interactive Argument(s) of Knowledge
3,550 new zcash emitted daily, inflation by % is 11, inflated global 24-hour volume remains near 250-400 million dollars
the current circulating supply is 11.7 million ZEC, by the end of the year it will be 12 million
Price Target is $990 to $1770 within 90 days
Nota
on track still, need a breakout above $185 on volume with a news catalystNota
the current dip is potentially the last dip, before a breakout for $200 triggersNota
200 reached, now at the end of consolidation. next area is 245-280 flag it will hopefully be traveled through fasterNota
entered the 245-280 bull flag range $300 by DecemberNota
smashed into 300 already, then violent support retest. now its rallying back to 300 for a breakoutNota
this is no longer in play. massive dumping into the $300 range. Zcash market isn't bullish enough for a turbo vertical move this yearNota
sitting on $150 range. its a long way from ATH rally now, Christmas miracle is neededNota
failed
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