ZCash price rises sharply with news of Gemini listing

According to the official statement made by Gemini, one of the largest US-based cryptocurrency exchanges, ZCash, which competes with Monero to become the dominant ‘privacy-focused cryptocurrency’, will start trading on the Winklevoss twin-owned exchange on May 22.

Gemini’s president, Cameron Winklevoss, announced to Forbes that in addition to ZCash’s approval, the exchange will also receive approval from the New York Department of Financial Services (NYDFS) for Bitcoin Cash and Litecoin.

Gemini’ Currently, only Bitcoin and Ethereum were traded. Along with ZCash, Litecoin and Bitcoin Cash, the number of cryptocurrencies traded on the stock market will increase to 5. According to CoinMarketCap data, Gemini has a volume of $60 million in the last 24 hours.

Big increase in ZCash

With the news of being listed on Gemini, the price of ZCash has reached 30 percent in a short time. over valued. ZCash is currently worth $315.

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