What is Zcash and Why is it Pumping? Here’s What’s Driving the Rally and Key Levels to Watch

Zcash is a privacy-focused cryptocurrency that aims to offer secure and anonymous transactions, distinguishing itself from other digital currencies through its unique technology. Recently, it has experienced a significant surge in its market value, often referred to as "pumping.” This increase has been attributed to a combination of factors, including heightened interest from investors, positive developments within its ecosystem, and broader market trends that favor privacy coins. In this article, we will explore the underlying reasons driving this rally, analyze the key market levels that traders should monitor, and discuss the potential implications for the future of Zcash within the cryptocurrency landscape. source: https://blocknews.com/what-is-zcash-and-why-is-it-pumping-heres-whats-driving-the-rally-and-key-levels-to-watch/