The reduction in concerns about the African variant in global markets has also benefited Bitcoin. Although the mixed trend continued in altcoins that received support from Bitcoin, which managed to rise above $ 58,000 again, some of the losses were compensated.
Small investors as well as big players continue to fill their altcoin baskets.
Barry Silbert, the founder of the largest Bitcoin fund Grayscale and the CEO of Digital Currency Group, recently shared about ZEC and stated that he would buy ZEC.
“Wow, you all hate ZEC. I will take more.”
ZEC, which was traded at $180 at the time of this sharing, rose by 70% to $303 in a short time. ZEC, which retreated 30% from this level, was at $220, another share came from Silbert today.
Expressing that he answered this because investors asked, the CEO said, “We bought Zcash for more than $85 million. Pray for us!” said.
Alright, you asked for it. We bought $85 million more Zcash $ZEC
Pray for us… https://t.co/Pv6i0LO789
— Barry Silbert (@BarrySilbert) December 1, 2021
ZEC rose 12% after Silbert shared.
*Not Investment Advice.