In spite of the fact that Zcash (ZEC) price ranked among the top cryptocurrency losers on Monday, November 9, 2026, Polymarket, a leading web3-based prediction market platform, has set the odds of further decline by the end of this year higher than the odds of a possible uptrend.
As of press time, Polymarket had set the odds of Zcash price plunging to $700 by December 31 at 21%, up 9% over the past 24 hours. This contract had attracted approximately $31,571 in traded volume, according to data Coinpedia fetched from Polymarket.
Contract for Zcash price prediction for December 31, 2026. Source: Polymarket
Meanwhile, the prediction platform had placed the chances of ZEC reaching $2,000 by the close of this year at 17%, down 3% today. Notably, this contract had attracted the highest traded volume of $77,834, signaling that more cryptocurrency traders are focused on this price target.
With Zcash price hovering at $1,169.24 at the time of writing, Polymarket believes the altcoin has a 17% chance of rallying over 71% by the end of the year. Additionally, the platform has set the likelihood of ZEC plummeting over 40% by the end of the year at 21%.
Zcash price fell by more than 6% over the past 24 hours, driven by weakness in the broader cryptocurrency market. As the altcoin saw its 24-hour traded volume surge by over 85% to $1.19 billion, its market capitalization declined by nearly $1.1 billion to $19.82 billion.
ZEC price performance today. Source: CoinMarketCap
The privacy-centric crypto asset suffered heightened selling pressure as the Zcash ETF (ZCSH) spot exchange-traded fund (ETF) closed last week with a net cash outflow of $13 million, as per data from SoSoValue.
As a result, Zcash’s price outlook by the end of the fourth quarter could be influenced by institutional demand in addition to broader crypto market sentiment.
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