Zcash Dropped 13 Percent: A $1 Million Grant Move from Grayscale
Original headlineZcash Yüzde 13 Düştü: Grayscale’den 1 Milyon Dolarlık Hibe Hamlesi
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Zcash (ZEC) fell roughly 13% to about $1.025 as Grayscale announced it would expand its grant program for Zcash projects to a total of $1 million under a new promotional campaign. The move pairs a sharp token drawdown with fresh ecosystem funding from a major digital-asset manager, signaling continued institutional support for Zcash development even as price momentum weakened. Traders will watch whether the grant initiative draws new projects and usage to the network, and whether ZEC can stabilize after the double-digit decline.
Muhabbit's AI wrote this summary in its own words from Koinbülteni's report and translated it from Turkish. It can get details wrong, so check the source.
Named in this story
Zcash (ZEC), Grayscale, The Block, koinbulteni.com, Fatih TAŞDEMİR
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