{"id":57863,"date":"2025-11-11T14:01:50","date_gmt":"2025-11-11T14:01:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=57863"},"modified":"2025-11-11T14:01:50","modified_gmt":"2025-11-11T14:01:50","slug":"zcash-zec-plummets-26-in-24-hours-to-sell-or-not-to-sell","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=57863","title":{"rendered":"Zcash (ZEC) Plummets 26% in 24 Hours: To Sell or Not to Sell?"},"content":{"rendered":"
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The popular privacy coin Zcash (ZEC) has become a sensation in the past few months, with its price skyrocketing by triple digits.<\/p>\n

Over the past 24 hours, though, it experienced a sharp correction, leaving investors wondering whether the impressive bull run has come to an end.<\/p>\n

Dumping or Reloading?<\/h2>\n

Earlier this month, ZEC exploded well above $700, reaching its highest point since the beginning of 2018. However, as of press time, it is worth around $485, representing a 26% decline on a daily scale.<\/p>\n

\"ZEC<\/a>
ZEC Price, Source: CoinGecko<\/figcaption><\/figure>\n

Following that retreat, crypto X is buzzing with traders and analysts speculating about ZEC\u2019s next move. One of those is Arthur Hayes, the co-founder and former CEO of BitMEX, who said<\/a> the big question now is whether to sell or not.<\/p>\n

Hayes is among the individuals who have outlined some of the most optimistic price predictions for ZEC during the upward momentum of the past weeks. Last week, he envisioned<\/a> the rise to $1,000, whereas previously, he had set<\/a> the somewhat absurd target of $10,000.<\/p>\n

Meanwhile, Maelstrom (an investment fund run by Hayes) is heavily invested in ZEC. Just a few days ago, the American revealed<\/a> that the cryptocurrency has become the entity\u2019s second-largest liquid holding, trailing only behind Bitcoin (BTC).<\/p>\n

The X user Degen Sing also weighed in on the matter. According to the analyst, ZEC is not dumping but reloading, arguing<\/a> that this is a \u201ctextbook mid-trend pullback before continuation.\u201d<\/p>\n

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\u201cNext major resistance is sitting around $750 \u2013 and we already touched it once. All it takes is <\/span>BTC<\/span> flipping back to $110, and <\/span>ZEC<\/span> will rip straight through that resistance like butter,\u201d they added.<\/span><\/p>\n<\/blockquote>\n

X user Hardy presented<\/a> a rather pessimistic forecast, claiming that if the asset can\u2019t hold the line at $487, it might plummet to $344 or even $235. As mentioned above, the price has already dipped below that level.<\/p>\n

Privacy Coins Head South<\/h2>\n

It is worth noting that ZEC\u2019s recent decline aligns with the broader downtrend affecting the entire privacy coin sector. Monero (XMR) is down 9% for the day and trades at around $380, whereas Dash (DASH) has collapsed by 16%.<\/p>\n

The market capitalization of the whole niche has slipped to approximately $27.6 billion, representing a whopping 34% decrease on a 24-hour scale.<\/p>\n

The post Zcash (ZEC) Plummets 26% in 24 Hours: To Sell or Not to Sell?<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The popular privacy coin Zcash (ZEC) has become a sensation in the past few months, with its price skyrocketing by triple digits. Over the past 24 hours, though, it experienced a sharp correction, leaving investors wondering whether the impressive bull run has come to an end. Dumping or Reloading? Earlier this month, ZEC exploded well […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-57863","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/57863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57863"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/57863\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}