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Zcash price jumps 12% as privacy coins soar: What next for ZEC?

  • Zcash (ZEC) token surged more than 12% as privacy coins, including Monero, experienced decent gains following Bitcoin's spike above $111,000.
  • ZEC token rose from $30 in February to over $50, with potential future target at $300 according to a crypto analyst.
  • The surge in Zcash price is supported by integration with decentralized liquidity protocol Maya and overall positive sentiment towards privacy coins.
  • Bulls are optimistic about ZEC's potential to reclaim support above $50, with targets set at $75, $100, and potentially 2022 highs above $177, while a bullish outlook suggests a breakout target at $308.461.

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