Zcash price prediction 2021 | Is Zcash Worth Investing in?


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Zcash is one intriguing cryptocurrency. It is both open-source and decentralized that offers top-notch privacy and transparency on all its transactions. Using Zcash, crypto traders are guaranteed high-standard privacy and anonymity features. The coin uses cryptography to provide enhanced privacy for its users, something most coins do not do.

The address system used by Zcash is in two options which are transparent and shielded. Traders can choose any of the two when performing trades. Despite being a preferred coin when it comes to privacy, Zcash has not scaled up as desired by traders in the crypto market. 

zcash price prediction 2021
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Looking at how poorly Zcash has performed since its inception in October 2016, many traders do not see the coin as an investment opportunity. Sadly, the coin does not present itself as one. With the controversies surrounding its viability, crypto traders look to Zcash price prediction 2021 reports for insight into what analysts believe would be the future of the cryptocurrency. 

Bitcoin and some of the other altcoins, including Ethereum, XRP, Litecoin, etc., may be difficult to come by, but certainly, Zcash presents itself as a worthy investment. In this Zcash price prediction, we have provided insight into the future as it regards cryptocurrency. The goal is to give you insight and enlightenment on the state of Zcash in the years to come. 

As we all know, cryptocurrency is the currency of the future, and to be in an advantaged position financially, and it is in one’s best interest to get his or her hands on a profitable coin. There are thousands of coins with hundreds of tokens launched daily.  The truth is, some of these coins are profitable, while others may not show the required amount of profitability. 

Even though it is not advised to put all your eggs in one basket, it is not cool to make investments carelessly. No one wants to waste their hard-earned money, and this Zcash price prediction 2021 will show you whether Zcash is a coin worthy of being invested in or should you try out a different currency. 

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As usual, we have provided an overview and introduction into the coin, price predictions over the space of five years, and the views of other crypto experts on Zcash price prediction. Without further ado, let’s walk you right through the details of the Zcash. 

Zcash (ZEC) Overview 

Name Zcash
Token ZEC
Price $ 130.4500
Market cap $ 1,458,570,882.0000
All-time high $ 3,191.9300    (October 29, 2016)
All-time low $ 19.7500     (March 13, 2020)
Circulating Supply $ 11,180,781.3489
Trading Volume  $ 350,536,070.0000

 

What is Zcash (ZEC) about?

As you already know, Zcash is reckoned for its top-rated level of privacy. The coin can achieve the privacy rating it does hold due to the cryptography technology its founders incorporated. It will interest you to know that Zcash was built using the Bitcoin codebase. 

There are two types of transaction types available on Zcash, as highlighted during the introduction. These transaction types are transparent and shielded. As their names imply, the transparent transaction type makes the transaction data visible on the blockchain. In contrast, the shielded transaction type does the opposite that hides the transaction data from the public. 

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Zcash was founded by Zooko Wilcox-O’Hearn and Matthew D. Green. The coin offers a privacy level that popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin do not come close to offering. Its privacy offer does not exempt it from being decentralized. 

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If you want to trade in Zcash or need to know what would become of the coin in the future, here’s our Zcash price prediction for 2021

Zcash Price Prediction 2021 (ZEC)

The year 2021 began with Zcash trading at $57.95. Like every other coin influenced by the rise of Bitcoin, Zcash began to rise, and by the end of the first half of 2021, it was sold at above $150. Experts expect the coin to soar above $300, while some predict a ridiculous rise to $500. 

Things could south if the bears gear up, and the now thriving Zcash may be sold below $200. It is this market trend that seems feasible, and this is why our Zcash price prediction 2021 chart looks like this 

Month Opening Price ($) Month’s Low ($) Month’s High ($) Closing Price ($)
June 160 93 175 115
July 115 76 146 105
August 105 80 105 90
September 90 87 108 100
October 100 101 125 117
November 117 117 146 136
December 136 136 169 160
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The table above represents how we expect Zcash to fare for the remaining part of the year. If you do not understand the table, I have come up with explanations for each month. Here we go. 

Zcash Price Prediction June 2021

For June, Zcash is expected to start trading at $160 and would experience low selling points around $90. The highest trading value for Zcash in June 2021 would be $175 before it ends the month at $115. 

Zcash Price Prediction July 2021

July would see the coin dipped to a value around $70 to $76 and may shoot up to $146. The closing trading value for Zcash in July is expected to be around $105. 

Zcash Price Prediction August 2021

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There would be no improvement in the value of Zcash in August. The coin will start the month trading at $105 and end the month at $90. We do not expect the currency to go beyond its opening value of $105 before dwindling to a little above $80. 

Zcash Price Prediction September 2021

September will not witness any improvement to the value of Zcash. In September, Zcash is expected to dip further $87. It will rise to a little below $110 before closing the month, trading at $100. 

Zcash Price Prediction October 2021

October 2021 is the month we expect Zcash to start picking up again. It would gradually begin at $100 and end at $117 after crossing the $120 threshold. 

Zcash Price Prediction November 2021

Zcash continues its upward trend in November, and we expect the starting value of the coin to be its lowest. Zcash will rise to be sold at $146 and end the month trading at $136. 

Zcash Price Prediction December 2021

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As the year comes to an end, Zcash continues its upsurge. We expect the token to be traded above $160 and ending 2021 trading at values within $160 and $170. 

Our price prediction does not end here. We proceed to look at how the cryptocurrency will fare in subsequent years. We move on to 2022.

Zcash (ZEC) Price Prediction 2022

Zcash is expected to end 2021 on a positive note, but this will not continue as the coin may begin to drop for most of the year. From the beginning of the year till late September, Zcash will be traded around $130 and $170 below the $200 threshold. 

It will not last long as we expect the coin to dip and end the year trading for $167. See the table below for a summary of our Zcash price prediction for 2022.

Month Opening Price ($) Month’s Low ($) Month’s High ($) Closing Price ($)
January 160 124 160 133
February 133 133 165 154
March 154 137 157 147
April 147 114 147 123
May 123 123 141 132
June 132 132 164 153
July 153 142 164 153
August 153 153 89 177
September 177 177 219 205
October 205 160 205 172
November 172 134 172 144
December 144 144 179 167
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Zcash (ZEC) Price Prediction 2023

Our projections about how Zcash will perform in the year 2023 show that only January and February are the months where Zcash will trade its highest. From March 2023, the coin will go down in value reaching $73 sometime in June. 

By August 2023, it is expected that Zcash may rise, but its rise would not be sudden. It would be gradual and possibly not end the year above $100. Here is a summary of how Zcash (ZEC) will perform in the year 2023. 

Month Opening Price ($) Month’s Low ($) Month’s High ($) Closing Price ($)
January 167 149 171 160
February 160 125 160 134
March 134 121 139 130
April 130 103 130 111
May 111 86 111 93
June 93 73 93 78
July 78 78 96 90
August 90 88 102 95
September 95 95 118 110
October 110 107 123 115
November 115 94 115 101
December 101 79 101 85

 

Zcash (ZEC) Price Prediction 2024 

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Things are still expected to remain bad for Zcash even in 2024. It will experience a further decline in value from February till the end of the year. Our Zcash price prediction 2024 suggests that Zcash will never cross the $100 threshold throughout 2024. 

Our price prediction’s highest trading value assumes Zcash will be traded at is $85, which is the starting price for the cryptocurrency in January 2024. In November 2024, Zcash will go below $30 and end the year around that range. 

A wise move will be to sell your Zcash before 2024 and buy it around November 2024. See the table below for a detailed breakdown of our Zcash price prediction 2024.

Month Opening Price ($) Month’s Low ($) Month’s High ($) Closing Price ($)
January 85 66 85 71
February 71 60 71 64
March 64 52 64 56
April 56 44 56 47
May 47 47 59 55
June 55 43 55 46
July 46 36 46 39
August 39 39 48 45
September 45 35 45 38
October 38 34 40 37
November 37 29 37 31
December 31 31 39 36

 

Zcash Price Prediction 2025

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Not much is expected of Zcash in 2025. If you expect 2025 to be the redemptive year for the coin after a pretty bad 2024, you may be wrong, as our Zcash price prediction 2025 report sees the crypto rise beyond $60 at the end of the first half of the year. 

The chances are that if the coin follows the same pattern throughout the year, it may end up trading at a little below $100. Traders who bought Zcash while it is at its lowest, from our prediction, would be around November 2024 through April 2025, can cash out substantially by the end of the year. 

We do not have all the answers when it comes to Zcash prices in 2021 and beyond. To this end, we have handpicked the views of other crypto analysts and have gathered them so you can make a well-articulated decision. 

Zcash (ZEC) Price Predictions

Here are the views of authority websites in the crypto space on how Zcash will perform and the market trends the cryptocurrency will undergo in years to come. 

Zcash (ZEC) Price Prediction WalletInvestor

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WalletInvestor has a high estimation of Zcash. It predicts that the coin will reach $377.832 by the end of 2021 and soar above $600 by 2026.

Zcash (ZEC) Price Prediction Longforecast

Zcash price prediction by Longforecast is around $642 to $797 by the end of 2021 and rises to $354 by the first half of 2025.

Zcash (ZEC) Price Prediction Coinswitch

At the end of 2025, Coinswitch predicts that Zcash’s price would be around $1242.

Zcash (ZEC) Price Prediction Crypto news 

Cryptonews analysts expect Zcash’s price to cross the $500 threshold by the end of the year but witness a dip in the coming years. 

Zcash (ZEC) Price Prediction Coinpedia

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Lastly, we have Coinpedia. According to Coinpedia, Zcash would be sold for $550 by the end of 2021. It will suffer a decline in value in subsequent months from 2022 before rising to $600 by the end of 2025. 

To wrap up, let’s answer some popular FAQs concerning cryptocurrency. 

FAQs 

  1. Who is the founder of Zcash?

Zcash was founded in 2016 by Zooko Wilcox-O’Hearn and Matthew D. Green

  1. Where to trade Zcash?

You can trade Zcash on famous exchanges like Binance, HitBTC, OKEx, Huobi Global, and so on. 

  1. Will Zcash rise?
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It is not sure whether Zcash will rise above 1000. Most crypto analysts suggest Zcash will increase to be traded at $500 to $600 by the end of 2025. 

  1. Is Zcash a good investment?

Zcash may be a good investment, depending on how patient you can be. From our observations, Zcash will not perform like other popular currencies such as Bitcoin and Ethereum, and its price may rise at a pretty slow rate. 

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