Markets· ★★· bullish·

Zcash Co-Founder Says $2,000 ZEC Is a 'No-Brainer,' Eyes $5,000

  • —Ben-Sasson called $2,000 ZEC a 'no-brainer,' with a long-term target of $5,000
  • —Reaching $2,000 requires ZEC to gain over 82% from $1,098
  • —ZEC dropped 10.23% in 24 hours, breaking below the daily MA 50 support
  • —A mainnet decision on the NU7 upgrade is due on October 20
Why it matters: A bullish call from the co-founder may revive interest in ZEC, but the token has erased nearly all of its September rally and hinges on the NU7 decision.
Source: Cryptonews.net