âđ„ $ZEC HALVING IMPACT: WHAT COMES NEXT AFTER ZCASH'S BIG SUPPLY SHOCK? đ€Ż
âToday, we will talk about a coin that is currently trending: Zcash ($ZEC).
âThe reason behind the massive surge in $ZEC's price is a major factor: Halving. If you know about Bitcoin, you will easily understand Halving. In simple words, Halving means:
âThe Block Reward is Cut in Half.
âWhat happens because of Halving?
âNew Supply Decreases: When the block reward is cut in half, the speed at which new ZEC$ coins enter the market slows down significantly. đ
âScarcity Effect: Like Bitcoin, $ZEC's total supply is also fixed at 21 Million coins. Less supply increases its scarcity. If Demand remains the same or increases, what will happen to the price? Of course, it is likely to move up! đ
âThe Bitcoin Pattern: Historical data shows that the 12 to 18 months after Bitcoin's Halving have been very profitable. Will ZEC$ follow the same pattern? Many big analysts, like Arthur Hayes, are bullish on it. đł
âZcash's next Halving is due in November 2028, where the Block Reward will be halved again. However, the current price action and market hype have already started!
âWhat are your thoughts? Do you think $ZEC has started showing the effect of the Halving? Let us know in the comments! đ
âDisclaimer: This is not financial advice. The crypto market involves risk. Always do your D.Y.O.R. (Do Your Own Research) before any investment.
â #zec #Halving #Privacy #zcash #SupplyShock
