Zcash Coin Price Prediction: What should we wait for?
Known as a cryptocurrency which possesses a fixed total supply of 21 million coins, Zcash token is one of the most popular nowadays with 12.5 ZEC block reward. As the developers mention on the official website, Zcash transaction data is posted to an open blockchain but remains 100% confidential. Today, Zcash (ZEC) coin exchange value to USD is $31.11. However, the future is quite unstable, so let’s take a glimpse of the Zcash coin future price prediction.
What is Zcash (ZEC)?
Zcash is one of those cryptocurrencies which aim at using cryptography to give its holders the highest level of privacy. Unlike Bitcoin, ZEC allows users to enjoy public blockchain without endangering their security and personal privacy. Zcash is famous for its feature of keeping its coins either in a transparent or shielded pool. Nevertheless, the integration of the shielded pool into the cryptocurrency world is quite miserable as only a few wallet programs support z-address which is responsible for the shielded pool feature.
Current Zcash price ($31.11) is true evidence of the currency prosperity, and a lot of Reddit users keep on making quite positive forecasts on the future of ZEC. If you still think where to buy Zcash coins and tokens, check out our website.
Zcash Price Prediction 2019
Zcash price prediction for this year is rather positive as it has planned to implement scalability improvements which will allow users to process an unlimited quantity of transactions. However, the obvious instability in the cryptocurrency market these days shows that Zcash can still face some challenges, and Zcash price by the end of the year can go down to $28.1-28.3.
Zcash Price Prediction 2020
Zcash can choose to alternate for multiple mining algorithms by the middle of 2020, so the coin’s community will not be dependent only on GPU miners, despite the fact that they make up an impressive part of the network. Still, according to the biggest news and forecast agencies, Zcash price will continue to slowly decrease. In February 2020 it will reach almost $20.5, while by the end of the year can easily go down to $15.
Zcash Price Prediction 2021
Although 2021 is quite far, and it’s tricky to make any forecasts, we suggest that this year is the price of ZEC coin will keep on the level of $10.5-11.1 unless the team of professionals will introduce rescue improvements. For sure, the developers need to keep up with Bitcoin which sometimes seems to overwhelm its opponent.
Zcash Price Prediction 2025
2025 is a rather bright future for ZEC as the price can even reach the previous level of $33.1-33.4. Moreover, some experts suggest that mining of Zcash can be highly beneficial as by the end of the year its price will probably reach $40.
The above mentioned Zcash price chart is good evidence of the coin’s stability despite some gradually negative decreases in value. If the team of talented graduates from the US and Israel universities tries its best, we will surely witness the rise of the most popular Bitcoin opponent.
*This price prediction is based on the data collected from various sources. The information presented in this article should not be considered as any sort of investing advice and the reader should do their own research before taking any actions.