Zcash (ZEC) Grows at An Enormous Pace, Will It Replace Bitcoin (BTC) As an Exchange Medium?

The digital currency market is growing and gaining global recognition every day. Almost all the digital currencies in the market are pushing for global adoption and advanced use cases. With an increase in adoption and use-cases come an increase in the price of a digital currency. As such, the competition for global adoption is very tough. However, some digital currencies seem to be standing out amongst the crowd. One of those digital currencies is Zcash (ZEC). When it comes to the area of investment, Zcash is one of the best cryptocurrency to invest in 2019. The price of Zcash so far has been pretty impressive, and Zcash price prediction 2019 also looks good, attracting more investors to the coin.

Zcash News Today: Zcash Boast of One of the Best-Advanced Privacy Feature – Can Zcash Replace Bitcoin? -Cryptocurrency News Today

Zcash is one of the fastest growing cryptocurrencies in the digital currency space. Zcash (ZEC) is a privacy-centric digital currency, and it is well known for its unique privacy features. Digital asset investors that want to carry out transactions anonymously often run to Zcash or any other privacy-oriented digital currency. This is a unique feature that Bitcoin (BTC) doesn’t have. Since Zcash is able to solve the problem of privacy, it is gaining the trust of digital asset investors and users all over the world.

Zcash (ZEC) Price Today – ZEC / USD

NamePrice
bitcoin
Bitcoin
$8,060.811.16%
zcash
Zcash
$36.332.04%

Because of its privacy features, chances are Bitcoin (BTC) users might switch over to Zcash (ZEC). If this happens, Zcash will be one of the biggest digital currencies in the market, as it would be a major rivalry to Bitcoin. By 2020, Zcash might decide to switch to multiple mining algorithm; this would be a major achievement for the digital currency. Zcash (ZEC) is set to become the first available offshore investment opportunity across the globe. Great developments have been going on around the digital currency. More investors and firms are starting to put an eye on it. Thanks to the bullish Zcash price prediction 2019 and Zcash news today, the price of Zcash is riding along with the bulls.

Zcash Price Analysis – Zcash Price Prediction – Zcash Price Forecast – Zcash News Today – ZEC USD Live Price – Cryptocurrency News Today

The recent price trend in the digital currency market is very appealing. BTC USD just broke over a major resistance level. The price of Bitcoin (BTC) is heading for the $10k level after breaking the $9k mark a few hours ago. At press time, BTC USD live price is $9,360. However, Bitcoin is not the only digital currency experiencing these gains. Other digital currencies in the market also on the rise. Over the past twenty-four hours, the price of Zcash has been on a continuous rise.

The fluctuation in the price of Zcash has greatly reduced compared to last year. This means that the price of Zcash is gaining grounds and it is becoming more stable, making it one of the best cryptocurrency to invest in 2019. There are lots of positive developments taking place in Zcash, and the Zcash community will get to benefit from these developments soon.

Zcash price is currently supported at the $92 mark. The digital currency is facing a stiff hurdle on the upside at the $95 mark. ZEC USD live price is $93 after an increase of about two percent over the past day. A break over its immediate resistance will pave the way for more gains towards the $100 mark.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.