Zcash Surges to $600 Amid OKX's Potential Relisting of ZEC
Zcash Listing on OKX: Zcash (ZEC) has been relisted on OKX, a major cryptocurrency exchange, with spot trading set to begin on November 24, following its delisting in January 2024 due to low activity.
Price Movement: After the relisting announcement, Zcash's price surged to a local high of $601 but later corrected to $564 amid bearish market sentiment, despite a significant rise of over 1,100% in the past three months.
Market Capitalization: Zcash currently has a market cap of $9.24 billion and a daily trading volume of nearly $2 billion, contributing to the growing interest in the crypto privacy market, which has a total market cap of $59.6 billion.
Analyst Predictions: Analysts are optimistic about Zcash's future, with predictions suggesting it could reach $750 soon, following a recent peak of $736, the highest since November 2016.
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