#ZEC/USDT Institutional Cost Price
Where will ZEC's target peak be?
Institutional accumulation and consolidation occurred in the $35-$43 range. Considering time and capital costs, this translates to around $50.
Currently, the highest price reached $450, almost 9-10 times the initial price. Generally, institutions target 3-5-10 times the market capitalization of a coin.
When ZEC was at $35-$40, its market capitalization was around $700 million, ranking around 80th.
Now, its market capitalization is $6.8 billion, ranking 25th. Above that are LTC, AVAX, and SUI.
These older coins have maintained their market capitalization in this range, making it difficult for large funds to flow in.
So, is it still safe to chase ZEC at this level? Definitely not. This is an institutional distribution zone.
If there's any news-driven speculation, the hype will likely end and the market will collapse. Therefore,
At this moment, anyone trying to buy the dip or holding long-term should be aware of the risks. Never buy when the big players are distributing at high prices.