Zcash’s value increased about 240% over two days, reaching 165 USD. CEO Mert Mumtaz emphasizes its potential for further growth, suggesting a target of 1,000 USD, fueled by social media enthusiasm.
Despite the surge, Zcash is still 95% below its peak price of around 3,200 USD from 2016. The increase in interest indicates a growing recognition of Zcash’s privacy advantages in the cryptocurrency market.
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