ZClassic (ZCL) has seen a huge pump to roughly double it's value in recent days. As many of you are aware, the reason for this is the upcoming Bitcoin Private (BTCP) fork slated for mid to late Jan. How do these coins relate? The newly created BTCP will merge the technologies of Bitcoin and ZClassic, and therefore holders of both coins at the time of the fork will be rewarded in a 1:1 ratio with newly created BTCP coins. Yes, this really is like printing money. Why is ZCL seeing a pump while BTC isn't? The value of ZCL was less than 1% that of BTC at the time of the fork announcement - so you get more free BTCP for your money by buying ZCL rather than BTC!
As a lot of people are recommending, now is the time to accumulate ZCL and HODL all the way to the fork. Just make sure your exit strategy is sound as the value of ZCL is sure to plummet the moment the fork has taken place - this is what makes crypto so addictive!
