Cryptocurrency

Zcash Coin gains Further Momentum: Here is the Trade Plan

Amidst the continued rally among altcoins, investors have a plethora of options when it comes to the altcoin to track. One of the altcoins that could be tracked by investors at this point in time is Zcash.

Over the course of the past 24 hours, the Zcash token has rallied by as much as 10% and it might be a good move if investors, as well as traders, started tracking it a bit more closely.

The latest rally in Zcash might have been triggered by an announcement from Electric Coin Company with regards to the upcoming suite of upgrades to the coin. It is a significant announcement and one that could result in the privacy coin becoming far more efficient in a number of ways.

That might be the rationale behind the optimism among investors at this point. As the altcoin rally continues, Zcash is soon emerging as a coin that could be tracked.