This Little-Known Cryptocurrency Is Up 217% for the Year. But Is It a Buy?
Zcash has been a standout performer this year, but its long-term track record is much less impressive.
Zcash (ZEC) has experienced remarkable growth this year, with a 217% increase year-to-date and a 90% surge over the past month. While these numbers are impressive, it's important to consider the coin's long-term performance. Launched in October 2016, Zcash's price has largely remained stagnant until recently, with the past year marking the first significant upward trend. Given this context, investors should weigh the coin's recent performance against its historical stability before deciding whether to invest in Zcash.
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