The Reason Of ZClassic (ZCL) Mooning

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This week is seeing some sensational price movements. As the market settles into a bullish trend, some of the forgotten coins and tokens, or those whose potential hasn’t been taken seriously are going crazy. Will we see new all-time highs?

ZClassic (ZCL) – What a comeback!

Nearly 200% price jump in a matter of hours?

Zclassic is confounding critics and skeptics to stage one of the most remarkable price recoveries so far. Literally dismissed as a dead coin, the coin that had dropped almost 97% of its value is on a surge reminiscent of the great 2017 boom.

Over the last one hour, ZCL has gained 10.51% against the USD. But that isn’t all. The coin has jumped +98.10% over the last 24 hours, shedding the bears in emphatic fashion. Even though it’s still ranked outside the top 200 coins, the privacy coin has risen rapidly and could be back on every other investor list of coins to watch very soon.

The 7-day price movement has resulted in a + 177.88% growth against USD. It’s quite amazing that the coin was just valued at just above $8 yesterday. It’s currently trading at about $13.89 having touched the $15.00 during a crazy day for the coin.

The last time the coin went this crazy was before the recent Bitcoin Private fork that left its value on the floor soon after.

After the BTCP fork, the Zclassic project remained in the hands of its community which indicated the cryptocurrency would retain usefulness for the other members of the Zcash family. At the time it seemed that the coin would never rise to its previous high value of above $200.

Now the coin is rallying, even though there hasn’t been any tangible evidence of an event to warrant this.

However, it should be noted that ZCL holds a lot of importance for its privacy protocol and it won’t be surprising if another fork was in the wings. If it happens to be the case, then grab yourself a bag of ZClassic (ZCL). It could be moonshot any time soon.

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