Zcash surges tenfold as investors bet on privacy as ban looms
Published by DL News
Zcash’s surging value “reflects a renewed interest in privacy,” Spencer Yang, managing partner at crypto-native advisory firm BlockSpaceForce, told DL News.
But Zcash is the standout winner so far this year.
One reason for that is its opt-in privacy features, which “fit better than Monero with the current regulatory environment for privacy-based tokens,” Yang said.
“Zcash has also benefitted from promoters like Arthur Hayes, Mert Mumtaz, and Naval Ravikant openly coming out in its favour, whereas Monero hasn’t had that kind of attention,” he added.
Explore the full investment thesis behind CAPs and blockstocks in our Fund Thesis.
For more insights on CAPs, blockstocks, and crypto capital innovation, follow BlockSpaceForce on Twitter and LinkedIn.