According to Coinmarketcap data, the highest price for the Zcoin (XZC) crypto asset was US $ 169.99 on December 26, 2017. This means that, compared to the current price of US $ 6.50, XZC has decreased by 26 times from its current price. However, in the future, there is a chance that the price will increase many times
Crypto asset price depreciation is very common in principle. That is why, apart from paying attention to trading volume, asset market capitalization must also be observed.
This phenomenon is often encountered in various types of assets, because the greater the market capitalization of these assets, the lower the potential gains and losses that can occur.
" Smart investors are usually good at choosing assets whose prices are still low and have a high potential for increase, then buy them when the price is still or low. "
Zcoin (XZC) holds that potential fundamentally, added that the expansion of the adoption of large crypto assets like Bitcoin, could be a price booster for Zcoin in the future. Here are the fundamental facts of Zcoin :
1. Lelantus Audit
Lelantus is a mechanism for increasing the anonymity of privacy coins. In the context of Zcoin, this is an improvement over Sigma in the past.
An audit of Lelantus was carried out by Trail of Bits in July 2020, with satisfactory results.
There were several aspects of the audit, namely one aspect in the Strong category, 2 aspects in the Satisfactory aspect and 2 aspects for Moderate.
FYI : Trail of Bits is not a haphazard audit team. They are among the best in the world today and have audited Facebook's proprietary program code to DARPA, a US Department of Defense research and technology development department.
2. First Halving
Similar to Bitcoin, Zcoin adopts a halving mechanism to reduce the supply of new assets to the market through rewards to miners. The halving on Zcoin is expected to fall on October 6, 2020 ( https://halvingdates.com/crypto.php?sym=xzc&name=Zcoin )
3. DeFi and ZNodes integration
Zcoin also doesn't waste the hot DeFi sector. The trick is, someday Zcoin will also be present in the ERC-20 (Ethereum blockchain) version. This is what allows it to be listed on well-known DeFi platforms, namely Uniswap, Balancer and a number of other Decentralized Exchanges (DEX).
The entry of ZCoin on DeFi was also realized through a partnership with Stakehound on September 2, 2020. That will allow Zcoin, which is locked in Znodes, to be used as collateral (collateral) at Aave and Uniswap.
Zcoin market capitalization is not as powerful as it used to be. However, the dynamics of Zcoin, especially advancing into the DeFi sector, can be used as a benchmark for future increases in value, including the size of its market capitalization. We are waiting.
