dash pumping 47.9% to $71 after zcash already ran 365% is your sector exhaustion signal. beta coins only get their turn when the leader runs out of buyers. zen up 34.5% today confirms it. when the garbage outperforms quality, distribution is complete. privacy coin top is in. ...

Core Insights - Zcash (ZEC) is currently trading at $383 per coin, which is ten times higher than its closing price on August 19 and one year ago [1] - Year-over-year, Zcash has seen a 933% increase, rising from $38.43 on October 31, 2024, and from $34.59 on August 19 [2] - Zcash's market capitalization has reached an all-time high of $6.24 billion, surpassing previous values achieved at higher unit prices due to a lower coin supply [2] Market Performance - Zcash's market cap rank has improved from around 84 to the current rank of 21, surpassing both Shiba Inu and Monero [1][4] - On October 31, Zcash's market cap was $6.03 billion, compared to Monero's $5.95 billion and Shiba Inu's $5.79 billion [4] - Zcash's market cap previously peaked at $2.14 billion on January 12, 2018, and at $3.74 billion on May 7, 2021 [3] Industry Context - Zcash's rally began on September 25 when it was trading at $56.29, gaining significant support from major industry players [5] - The potential for Zcash to surpass Litecoin (LTC), which has a market cap of around $7.17 billion, is being discussed due to its recent performance [6] - Litecoin is also developing privacy-related features through MimbleWimble technology, which could impact Zcash's competitive position [6]

Core Insights - Dogecoin is recognized as a meme coin and has recently gained attention due to the introduction of the REX-Osprey DOJE ETF, which allows traditional investors to access it without self-custody issues, potentially leading to increased capital inflows [3][8] - Zcash, a privacy-focused cryptocurrency, offers features that allow users to mask transactions and has a capped supply of 21 million coins, which may support its price appreciation over time due to limited future supply [4][5] Comparison of Dogecoin and Zcash - Dogecoin's recent ETF approval marks a significant development, but its reliance on market sentiment and lack of intrinsic value mechanisms make its price increases unstable and short-lived [8] - Zcash's supply dynamics, with a halving schedule similar to Bitcoin, suggest that its price could trend upward if demand for its privacy features remains [4][5] - The contrasting supply situations highlight that Dogecoin's fixed issuance of approximately 5 billion coins per year leads to dilution for holders, while Zcash's capped supply may provide a more favorable long-term outlook [5] Market Considerations - The approval of the first Dogecoin ETF could attract new buyers, but Zcash faces potential regulatory challenges, including a possible ban in the E.U. [7] - The current market environment indicates that only Dogecoin has a mechanism to consistently attract buyers, while Zcash's future may be uncertain due to regulatory risks [7]

Core Insights - Zcash (CRYPTO: ZEC) is a cryptocurrency that resembles Bitcoin (CRYPTO: BTC) but incorporates optional privacy features to conceal transaction details, which could be a significant advantage or a potential risk [1][5][8] Price Performance - Zcash's price surged by 429% during the 30-day period ending October 21, indicating strong market interest and momentum [2] Investment Thesis - Zcash shares several characteristics with Bitcoin, including a hard supply cap of 21 million coins and a declining issuance model through halvings, which may drive its value upward over time [3][4] Privacy Features - The primary differentiator for Zcash is its privacy capabilities, allowing users to choose between transparent and shielded wallet addresses, with the latter utilizing zk-SNARKs for transaction confidentiality [5][9] - As of October, the value held in Zcash's shielded pool exceeds 4.5 million coins, representing approximately 25% of the circulating supply, although most users historically have not utilized these privacy features [6] Market Adoption - Despite the theoretical advantages of privacy in cryptocurrency transactions, the actual usage of Zcash's privacy features remains low, posing a challenge to its market appeal [8][9]

Market Trends - Zcash leads a surge in privacy coins [1] - The surge is happening amid surveillance fears [1]

Cryptocurrency & Privacy Coins - Zcash privacy coin is gaining renewed attention [1] Market Trend - Industry observers are discussing Zcash [1]

Market Trends - Privacy coin Zcash surges 63%, hitting a 3-year high [1] Cryptocurrency - The report highlights "Insurance Against Bitcoin" in relation to Zcash [1]