3 ms·
To be fair to ZCash, the high prices at launch were primarily due to very limited supply and market manipulation. The "screaming dive" is really just heading to
by gtlondon 10y ago
To be fair to ZCash, the high prices at launch were primarily due to very limited supply and market manipulation. The "screaming dive" is really just heading towards a sustainable price.
Somewhere between $2-$10 is a more realistic valuation (based on other coin valuations) -- it will be interesting to see if the price stabilises once within this range.