Zcash Market Cap climbed as much as $64.7m on April 4th, becoming one of the top 10 digital currencies by market capitalization.
This completely anonymous cryptocurrency was launched back in 2016 and it uses the so-called zero-knowledge proofs “zs-SNARKS” to help users hide their information during the transaction process.
In fact, the Zcash blockchain hides any information related to users and transaction amount, becoming one of the first completely anonymous digital currency together with Monero.
The major reason that helped to push zcash market cap is the rising supply of the protocol’s ZEC tokens, with the supply recently passing 1m ZEC.
While its token price rose to almost $6,000 after going live, the Zcash market cap grown only of about $1.9m.
Even if the current Zcash market cap fell back to twelfth place at press time, we expect it to rise again soon.
Recently we at HolyTransaction launched our Zcash Wallet.
On our desktop wallet you can now store zcash, bitcoin, ether and more than other 20 digital currencies within the same login.
HolyTransaction, in fact, is a multicurrency wallet where you can buy and spend all the major cryptocurrencies, including: bitcoin, zcash, ether, dogecoin, litecoin, blackcoin, faircoin, gamecredits, tether, omni, decred, peercoin, gridcoin, dash and more, within the same account, allowing you to manage your cryptocurrencies in a safe and easy way.
Open your multicurrency wallet here.
Open your free digital wallet here to store your cryptocurrencies in a safe place.