BitMEX founder Arthur Hayes, one of the well-known names in the cryptocurrency markets, made a remarkable prediction about the privacy-focused cryptocurrency Zcash (ZEC).
Arthur Hayes: “Zcash (ZEC) Could Reach $10,000”
Hayes, in his post on social media, said, “Nothing can stop this train,” and stated that the ZEC price could rise to $10,000.
This brief yet bold statement generated widespread buzz in market circles. Zcash is a cryptocurrency developed to protect user privacy, enabling transaction verification through zero-knowledge proof technology. Hayes's post reflects the renewed interest in privacy-themed assets.
Analysts note that Hayes' comment could spark new bullish sentiment for ZEC, but such a price target is highly speculative in the current market. At the time of writing, ZEC's price is hovering around $30, implying a more than 300x upside to Hayes's predicted price.
Arthur Hayes is known for his bold predictions about major crypto assets like Bitcoin and Ethereum. With this latest statement, investors are starting to reassess Zcash's future potential.
*This is not investment advice.
