Anyone Hear Of ZCASH? The volume has been unbelievable and price has shot up this week.

Zcash’s popularity has surged this week due to a significant price rally, driven by increased demand for privacy-focused cryptocurrencies amidst rising government surveillance and tightening regulations. The cryptocurrency has experienced explosive growth, with a dramatic 220% price increase in the past two weeks, reaching a three-year high. This resurgence is also fueled by factors like institutional adoption, high-profile endorsements, and a renewed interest in the founding principles of cryptocurrency.

It seems to move even better while Bitcoin goes down, so price goes up while BTC goes sideways and/or down. You can buy into it with you stock broker account like Schwab – with the Grayscale Zcash Trust ticker symbol – ZCSH

Investor endorsements have amplified interest. For instance, venture capitalist Naval Ravikant called Zcash “insurance against Bitcoin” on X which fueled market hype and speculation.

Zcash is a privacy-focused cryptocurrency that uses a cryptographic tool called zero-knowledge proofs (zk-SNARKs) to provide optional, enhanced privacy for transactions. Unlike Bitcoin, where all transactions are publicly visible on the blockchain, Zcash gives users the choice between transparent transactions and fully encrypted shielded transactions.