Zcash Price Prediction: ZEC Explodes Higher as Billionaires Buy – Can ZEC Overtake Bitcoin?

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Zcash rockets 332% as Arthur Hayes backs it to hit $10,000 – Zcash price prediction now sees ZEC challenging Bitcoin’s dominance.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

An impressive rally has resulted in gains of 332% in the past month of ZEC, helped by the support of a handful of crypto billionaires like Arthur Hayes.

Given this latest vertical ascent, the founder of BitMex holds a bullish Zcash price prediction that sees the token rising to $10,000 in the near term.

Hayes has been a vocal supporter of Zcash’s value proposition. This Bitcoin hard fork was created as an anonymous version of the top crypto. It allows users to transfer crypto assets without leaving a digital footprint.

In a recent X post, Hayes said that Zcash could rise to $10,000, possibly as adoption among wealthy investors continues to accelerate.

The growing popularity of the Grayscale Zcash ETF (ZCSH) has also contributed to its latest rally.

This is a regulated vehicle through which accredited investors can get exposure to the token in the United States.

Zcash Price Prediction: ZEC Could Make Its Way to the Top 10 If It Climbs to $1.5K

ZEC has climbed to the 15th spot in the leaderboard with a market cap of $10 billion. Since the year started, it has produced a 1,081% gain.

zcash price chart

The daily chart shows that the token broke out of its ascending price channel, as the rally accelerated instead of slowing down.

The Relative Strength Index (RSI) just entered overbought territory in this high time frame.

This indicates that positive momentum is rising rapidly.

Although this increases the odds of a short-term pullback, it also indicates that buying pressure remains quite strong.

The $1,500 target seems plausible at the time, especially with such strong support from prominent voices in the crypto space.

At that level, Zcash would reach a market cap of $24 billion and enter the top 10.

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With support for over 60 blockchains, ultra-low swap fees, and a built-in portfolio tracking tool, Best Wallet has already become a favorite among active traders.

Now, its native token, $BEST, takes user experience to a new level.

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The wallet’s expanding ecosystem, which will soon feature a decentralized exchange called Best DEX and an upcoming debit card, the Best Card, will ensure that the demand for $BEST continues to grow in the future.

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In the Article
Zcash
ZEC
$453.89
16.76 %

2M+

Active Monthly Users Around the World

250+

Guides and Reviews Articles

8

Years on the Market

70

International Team Authors
editors
+72 More
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