ZCash (ZEC) moved down $-71.3099999999999 for a day

January 11, 2018 - By Henry Gaston

It was bad day for ZCash (ZEC), as it declined by $-71.3099999999999 or -10.31%, touching $620.23. Global Crypto Analysts believe that ZCash (ZEC) is looking for the $682.253 goal. According to 7 analysts could reach $1339.388862913. The highest price was $727.44 and lowest of $587.11 for January 10-11. The open was $691.54. It last traded at Exmo exchange.
Exchange Buy Sell ZEC At Best Rate

BUY – SELL – EXCHANGE ZCash (ZEC) AT BEST RATE Aproximately 60,450 ZEC worth $40.00 million was traded.

For a month, ZCash (ZEC) tokens went up 70.33% from $364.14 for coin. For 100 days ZEC is up 145.49% from $252.65. It traded at $313.92 200 days ago. ZCash (ZEC) has 3.03 million coins mined with the market cap $1.88 billion. It has 21.00 million coins in circulation. It was founded on 28/10/2016. The Crypto ZEC has PoW proof type and operates under Equihash algorithm.

ZCash is a privacy driven cryptocurrency. It uses the Equihash as an algorithm which is an asymmetric memory-hard Proof of Work algorithm based on the generalized birthday problem. It relies on high RAM requirements to bottleneck the generation of proofs and making ASIC development unfeasible.

ZCash uses zero-knowledge Succinct Non-interactive Arguments of Knowledge (zk-SNARKs) to ensure that all information (sender reciever ammount) is encrypted without the possibility of double-spending. The only information that is revealed regarding transactions is the time in which they take place.

Block explorer data from https://explorer.zcha.in/

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