Zcash Drops to $550 as Traders Defend 33% Weekly Surge and Eye Another Run
Key Takeaways Zcash (ZEC) retreated to $550 on May 11 after a surge, maintaining its spot as the top privacy coin. Despite a 7% daily dip, ZEC is up 33% over 7 days following a $25M funding boost from firms like a16z. Proponents eye a parabolic rally for ZEC in 2026, though critics warn about…