ZEC has retraced over 20% from its peak, and the probability of "Will Zcash reach $1,000 by December 31?" on Polymarket has dropped to 36%.
ChainCatcher news, privacy coin ZEC surged above $750 on Friday before pulling back to $488, and is now trading at $550. Following BitMEX co-founder Arthur Hayes' call, despite ZEC having retraced more than 20% from its peak, the market still remains confident in its rise to $1,000. On Polymarket, the probability of "Zcash reaching $1,000 before December 31" stands at 36%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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