Arthur Hayes’ $10,000 ZEC Call Sparks Crypto-Wide FOMO, But Can Zcash Price Hold the Hype?
The Zcash (ZEC) price has surged by more than 750% in the past three months, with token holders gaining over 20% in the last 24 hours.
The dormant privacy coin from crypto’s early years started stealing the spotlight in October, after nearly nine years of relative dormancy following its launch in 2016.
CoinGecko data shows ZEC is up by 20.8% to trade for $332.52 as of this writing. It follows a recent post from Arthur Hayes, after the BitMEX co-founder and former CEO called a $10,000 price target for ZEC, the powering token for the Zcash ecosystem.
The post from Hayes, known for his contrarian macro views…
