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via Decrypt · By Decrypt Editorial
Zcash Crash Just Wiped Billions From the Privacy Coin's Market Cap—Can ZEC Recover?
ZEC
ZEC/USDT
$477.36
+3.94%
$477.36
+3.94%
(24s)24h Volume
$458,149,135.19
24h H/L
$479.00 / $456.68
Change: $22.32 (4.89%)
Funding Rate
-0.0093%
Shorts pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(06:25 PM UTC)
1 min read
In brief
- The price of Zcash crashed more than 40% following the discovery of a vulnerability that could have led to counterfeit ZEC minting.
- Whether or not the vulnerability was exploited remains unknown—a variable impacting the price according to analysts.
- Even with its fall, Zcash remains one of the top performing assets of the last year, up more than 580% in that time.
A four-year-old…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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