24 hour low
$22.366
24 hour high
$23.558
Market cap ranking
#173
Market cap
$376.76M
24 hour volume
$47.1M
Circulating supply
16.33M
Total supply
21M
The current price of Zcash is $23.065, with a 24-hour trading volume of $47,101,970.38. In the last 24 hours, the price of Zcash increased by 1.25%. With a circulating supply of 16,328,268.75 ZEC and a maximum supply of 21,000,000.00 ZEC, Zcash's fully diluted market cap stands at $484,368,463.68. Currently, Zcash ranks #173 by market cap.
Zcash (ZEC) is a decentralised, open-source cryptocurrency that provides privacy and security features for its users. It was created in 2016 as a fork of Bitcoin, but unlike Bitcoin, Zcash uses advanced cryptography to hide the details of transactions, including the identity of the sender, receiver, and amount transferred. Zcash transactions are recorded on a public blockchain, but the data is encrypted and can only be viewed by authorised users. This makes it a popular choice for users who value privacy and security, as well as for businesses and organisations that need to protect sensitive information. Zcash uses a proof-of-work consensus mechanism, similar to Bitcoin, to validate transactions and secure the network. It also offers a built-in mechanism for users to selectively share transaction details, providing a trade-off between privacy and transparency. In addition to its privacy features, Zcash has also been designed to provide fast and efficient transactions, making it a competitive option for use as a medium of exchange.