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$ZEC High-Level Divergence: Genuine Demand or Token Rotation?
According to OKX, $ZEC now $1,460.50, down 4.49% in 24h, while $BTC rebounds; ZEC retreats against trend.
With +2,500% gain over past year, profit-taking is unsurprising. Key is whether new demand can absorb high-level tokens.
Latest Zcash NFT auction received bids totaling 25,305 ZEC (~$36.94M), but actual volume only 12,000 ZEC.
Aurora routed over $19M for auction, but ZachXBT questioned project's purpose & whereabouts of ~$1
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