Zcash entering its 5th year since the genesis block and coming closer to its first halving around 18th November which will reduce inflation from 33% to 12.5% in this year.
The contolled supply for zec is like this:
1. Year | Total Zec: 2.65m | Mined Zec: 2.625m | Inflation: infinite | Stock to flow n.d.
2. Year | Total Zec: 5.25m | Mined Zec: 2.625m | Inflation: 100% | Stock to flow 2:1
3. Year | Total Zec: 7.87m | Mined Zec: 2.625m | Inflation: 50% | Stock to flow 3:1
4. Year | Total Zec: 10.5m | Mined Zec: 2.625m | Inflation: 33% | Stock to flow 4:1
--------- we are here ---------
5. Year | Total Zec: 11.8m | Mined Zec: 1.313m | Inflation: 12.5% | Stock to flow 9:1
6. Year | Total Zec: 13.1m | Mined Zec: 1.313m | Inflation: 11.1% | Stock to flow 10:1
7. Year | Total Zec: 14.4m | Mined Zec: 1.313m | Inflation: 10% | Stock to flow 11:1
8. Year | Total Zec: 15.8m | Mined Zec: 1.313m | Inflation: 9.1% | Stock to flow 12:1
9. Year | Total Zec: 16.4m | Mined Zec: 0.656m | Inflation: 4.2% | Stock to flow 25:1
after the halving 50% of all zec are already mined and inflation pressure will start to fade out
The contolled supply for zec is like this:
1. Year | Total Zec: 2.65m | Mined Zec: 2.625m | Inflation: infinite | Stock to flow n.d.
2. Year | Total Zec: 5.25m | Mined Zec: 2.625m | Inflation: 100% | Stock to flow 2:1
3. Year | Total Zec: 7.87m | Mined Zec: 2.625m | Inflation: 50% | Stock to flow 3:1
4. Year | Total Zec: 10.5m | Mined Zec: 2.625m | Inflation: 33% | Stock to flow 4:1
--------- we are here ---------
5. Year | Total Zec: 11.8m | Mined Zec: 1.313m | Inflation: 12.5% | Stock to flow 9:1
6. Year | Total Zec: 13.1m | Mined Zec: 1.313m | Inflation: 11.1% | Stock to flow 10:1
7. Year | Total Zec: 14.4m | Mined Zec: 1.313m | Inflation: 10% | Stock to flow 11:1
8. Year | Total Zec: 15.8m | Mined Zec: 1.313m | Inflation: 9.1% | Stock to flow 12:1
9. Year | Total Zec: 16.4m | Mined Zec: 0.656m | Inflation: 4.2% | Stock to flow 25:1
after the halving 50% of all zec are already mined and inflation pressure will start to fade out
Note
weekly rsi channel Note
weekly rsi channel is holding and it seems like that zec is preparing for a huge pump over the coming weeksNote
marking the price range of halving day in the chart, shows some support.rsi channel still holding but news of ledger leak and xrp security discussion didnt help the price of altcoins in general
Note
while market was ready to move, regulatory risk is holding the price of anon coins down for nowNote
its also important to know that zcash is not only part of the anon sector but also of the bigger blocks sector and therefore correlates with bch a lot.this is because if the halo tech works it will scale zec onchain.
xmr will scale via layer 2 only and bch will likely be less private. thats why zec remains a top pick for a bet on both sectors
Note
at around 250$ zec would reach a new ath by marketcapNote
grayscale increased zec holdings by 34% last days, added 75k zec to the trustNote
i think few understand that the halving effect is still in play in zcash and there will not be much supply in correction/consolidation phases. people are used to have massive supply because it was like this during the bear market when there was heavy inflation pressure, now there is strong demand and little supply.price is at the weekly ma200, when broken it would be a major milestone in the bullish reversal
Note
there is a massive hidden bullish divergence in the zecusd chart now,so the swing low should be in and the rebound has a lot of energy to pump it to new highs
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.