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KingAlpha

ZEC Price Jumps 9% as Grayscale Zcash ETF Advances Near Launch



ZEC price rallies as Grayscale Zcash ETF amendment filing retains the planned ZCSH listing.
DCG International Investments may acquire 200,000 ZEC, but talks are nonbinding.
ZEC price trades near $555 after gaining nearly 10% within 24 hours.#BTCSurgesPast70000Up8.3% #ETHSurges20%BreaksThrough2300 #BTCETHReboundTradeIdeas #USTreasuryBuybacksAndRegulatorySignalsDriveCryptoSurge #StrategySurgesNearly12% $ZEC ‌
ZEC10.63%
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MEVHolder
· 50m ago
The core driver behind this rally is that the amended filing for the Grayscale Zcash ETF is still moving forward. The ZCSH ticker remains unchanged, showing that the team is serious. However, the price often pulls back after the news is released, so those chasing the rally should be cautious.
Reply0
EmotionThermometer
· 1h ago
Seeing ZEC as the top gainer, my first reaction was: are the private-placement holders going to dump again? But Grayscale entering is genuinely bullish, so I’ll follow with a small position first to test the waters.
Reply0
GasTide
· 1h ago
Market sentiment is incredibly quick to ignite right now: BTC has climbed above 70k, ETH has broken above 2,300, and ZEC has benefited from the momentum while gaining an additional ETF narrative. But looking closely, DCG’s acquisition is only an expression of intent; the real focus remains on how the SEC handles approval. If Grayscale can get it through smoothly like BTC and ETH, ZEC’s liquidity and valuation will both be reassessed; if it is rejected, the token could lose as much as it gained in this rally. View the news rationally, and don’t mistake expectations for reality.
Reply0
NotebookPlayer
· 1h ago
ZEC finally showed some backbone!
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