Privacy Scene Riding Mostly On One Dark Horse 🖤
Numbers from Wise Crypto show the whole privacy sector’s market cap jumping from 7.1 billion a year back to 33.6 billion now. Zcash alone is snagging about 62% of that bag, mooning 25x over the year and rocketing its rank from 82 up to 7 at peak tho it’s sitting at 9 on CoinGecko right now. Glassnode data also dropped a similar tea last week that privacy is the only sector above its October peak while everything else is still drowning in double digit reds. Grayscale’s Zcash ETF $ZCSH blasted past 500 million in assets just two weeks after launch and Monero the second biggest in this crew has roughly doubled despite some exchange drama. Among the top 25 crypto assets only four are trading above their October levels ZEC HYPE XMR and WBT. Investor Dan Tapiero spilled that these ZEC and HYPE moves prove crypto ain’t just a BTC ETH Solana tale anymore. Egor from Infinex called privacy one of the last areas not fully cloned everywhere and labeled ZEC the final 100x that ain’t some random meme coin.Rally Justification Still Getting Side Eye 😈
Some analysts like filbfilb are pushing back on how long this ZEC pump can hold tho. His models comparing ZEC activity to Bitcoin at similar issuance stages point to around 944 as a fairer price which is below current levels but convergence could push it higher if things keep heating up. Right now the asset is swapping hands near 1140 flat today yet up 32% in two weeks and over 2100% this year even if it’s miles from the 2016 high near 3190. BTC meanwhile sits near 77000 down just over 1% in 24 hours and 34% yearly placing it 39% under its own October 2025 peak.Just another echo from the void by iconofsin.eth 💖
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