ZCash (ZEC) has experienced a significant 14% price drop in the past day, a move that has caught the attention of traders and analysts. Despite the sharp decline, market indicators suggest a potential rebound, with some predicting a rally towards the $1,000 mark. This optimism is fueled by increasing miner profitability, a rising network hash rate, and a notable surge in trading volume, alongside renewed accumulation by spot investors and endorsements from prominent figures in the crypto space.

