Zcash is back in the spotlight, jumping 30% in a day, all because of a prediction by Arthur Hayes. The co-founder of BitMEX published a post on X, suggesting that ZEC could soar to $10,000.
The market reacted instantly: the token price rose from $272 to $355, and Zcash‘s market cap exceeded $5 billion for the first time in history.
Arthur Hayes Sparked a FOMO Wave
Hayes did it again. One post and the market ignited. His tweet triggered real FOMO among traders: everyone was afraid of missing out.
Authors on Binance Square, including AB Kuai Dong, noted that when an “investment legend” says something like this, the crowd just follows. That’s exactly what turned ZEC into a short-term market frenzy.
On X, a user named Clemente admitted:
‘I got such FOMO that I just couldn’t stay out.’
DeFi analyst Ignas explained: it all started as a sudden hype. Someone noticed an old project, then it started popping up everywhere in the feed, someone bought in ‘just in case,’ and the price kept rising.
When people take a position, they start liking and reposting everything related to the token, which only fuels more interest. Ignas honestly admitted he got caught in this cycle himself.
Privacy Tokens Back in the Game
The Zcash rally isn’t just about Hayes. Investors are once again paying attention to privacy cryptocurrencies amid growing regulatory pressure worldwide and attempts to control encryption and digital privacy.
Zcash is built on zero-knowledge proof technology: users can make both transparent and fully private transactions. Privacy is preserved for the sender, recipient, and amount — maximum anonymity. Against the backdrop of tightening global controls, traders are increasingly viewing such projects as protection against government interference in digital assets.
Read also: The US and China agreed to avoid a trade war. The crypto market responded with growth
Another well-known privacy token, Monero (XMR), also gained slightly, up to $346, showing a 3.6% increase. But it remains under pressure: it has either been restricted or completely delisted from major exchanges like Binance, OKX, and some European platforms.
Nevertheless, the growing interest in privacy coins could mark the start of a new wave if the momentum continues.
Zcash Up 490% in a Month
The last 30 days have been a real breakthrough for Zcash: nearly 500% monthly growth — one of the best results among all top coins.
Overall market sentiment remains cautiously optimistic. Bitcoin is holding at a key resistance level, and altcoins are gradually coming back to life. Against this backdrop, the explosive growth of ZEC shows that traders are once again taking risks, especially in niche sectors like privacy tokens.
