In an ocean of rising tides, undervalued coins can be hard to find. At the time of writing, ZenCash is #121 in market cap ranking on coinmarketcap.com. The market cap is $12 million. To put this in perspective, Ethereum's market cap is $31 billion. That's almost 2600 times bigger than Zen. Of course Ethereum should be valued higher than Zen, but that example should illustrate how cheap Zen is right now.
Zen was launched recently and has been added to TradeSatoshi (a very low volume exchange right now), and Bittrex. I use Bittrex and have been slowly accumulating Zen as it lingers at or under 300,000 satoshi. Zen is a fork of ZCashClassic and is the first end to end fully encrypted zero knowledge proof crypto currency to exist. Zen has a governance model to ensure proper funding for development and marketing. Zen is also the most or one of the most profitable coins to mine with a GPU right now. It's not just a currency as private messages can also be sent through the blockchain. Zen has a vibrant community already and is bound to grow. They're also implementing a form of DAO which will encourage the community to put forth project ideas.
Zen was created in order to mix the best of a few different coins. Do your own research, but in my opinion Zen will reach the top 50 coins by marketcap sometime this year. Currently that would be a 5 fold increase in value. If they really do well, $250 mil market cap isn't out of the question. That would be a 20 fold increase from today. Happy hunting!
I agree, Zen is insanely undervalued compared to their vision! Once they start upgrading and adding features marketcap is bound to go up at least 20x.
Great post. Since Bitcoin, Dash, Ethereum exlpoded, i agree that best bet would be investing in great crypto project, where coins are undervalued.
Zen is one cool one for sure. Made a blog about it too! GJ and Upvoted+Followed.