Uncovering why $ZEN can soar 550% this year, will there be more upward potential?
The recent surge of $ZEN is closely related to the crazy buying spree by Grayscale and Wall Street tycoons. Just a few days ago, after Grayscale's massive purchases, $ZEN skyrocketed by 200% in a matter of days. Yesterday, Grayscale also launched the ZEN Trust Fund, marking another important project following SUI.
Looking back at the historical candlestick chart, within just three months in 2021, ZEN surged from $15 to $150, achieving an incredible tenfold increase!
After a long bear market, ZEN has been moving sideways on the weekly chart for a considerable time. If Bitcoin continues to maintain its bullish trend, ZEN is likely to experience another wave of significant growth. As the saying goes, 'the longer it moves sideways, the higher it will rise.' So far this year, ZEN's increase has only been about five times.
In addition, ZEN is not only listed on Binance but has also made its way onto Coinbase, coupled with the support of Grayscale Trust, which provides it with decent liquidity.
In the future, ZEN plans to establish its own network, and users holding ZEN can expect airdrops of zkf tokens, adding extra value appreciation opportunities for holders.
If you ask the principal whether there is still upward potential for ZEN, the principal believes that ZEN still has great potential in the future.
In fact, like altcoins, as long as it's a bull market, constantly buying on dips and adding to your holdings will definitely not lead to losses.