Zcash (ZEC) has decided it’s done taking naps and has surged 20% after Arthur Hayes-who apparently moonlights as a psychic-set a bold $1000 price target. And oh, by the way, it’s been on a 1000% rally for the last month. No big deal, right?
Zcash (ZEC), a coin that thrives on its ability to keep things under wraps (just like that embarrassing photo from last year’s office party), has risen over 20% in a single day. Why, you ask? Because Arthur Hayes, co-founder of BitMEX and part-time fortune teller, decided to throw a $1000 prediction into the ether. People are listening-mostly because he’s either onto something or secretly running a cryptocurrency magic show.
Hayes’ prediction has the crypto community doing a double-take. A coin that’s already up more than 1000% in the last month? Oh, it’s on fire. Literally. It’s like watching a rocket launch, but with more “to the moon” memes and fewer actual astronauts.
Arthur Hayes’ Bold Prediction Sets Off a Frenzy (And We’re All Here for It)
Arthur Hayes isn’t just predicting a moon landing for Zcash; he’s practically booking the tickets. His $1000 price target has turned heads and fired up the crypto community like a hot cup of overpriced coffee on a Monday morning. Oh, and let’s not forget, his long-term vision sees ZEC hitting a cool $10,000. No pressure, Zcash. None at all.
Choo Choo bitches.
Next stop = $1k.
I hope all my haters keep shorting.
– Arthur Hayes (@CryptoHayes)
After Hayes’ tweet on November 6th, ZEC started trading like it had a caffeine boost. The volume went through the roof. Traders, looking at Hayes’ optimistic tweet, threw their skepticism aside and started piling in. In the world of crypto, it’s basically a “jump on the bandwagon” situation with a side of “I told you so” from Hayes himself.
Bold predictions = higher liquidity. Higher liquidity = more buying. It’s like a cryptocurrency smoothie that’s just getting tastier by the day. Will it keep going up? Let’s hope so, because right now, Zcash is more popular than a sale on Black Friday.
Zcash Breaks the Records: But How Long Can It Keep This Up?
Let’s pause for a moment to appreciate Zcash’s recent rise. Over 1000% in just one month. That’s not a price surge. That’s what happens when a coin finds a rocket ship, straps itself in, and says “Let’s do this!” Even in the midst of an overall market downturn, Zcash is out here flexing harder than your friend who’s been hitting the gym.
Besides a bunch of retail investors acting like they’ve found the secret to life, ZEC also got a nice little boost from Grayscale’s Zcash Trust, which is basically like a crypto VIP pass for accredited investors. Hyperliquid, a platform that lets people trade with leverage, also started offering ZEC-so now traders are flocking like it’s the last pizza at a party.
People are getting cozy with Zcash because it’s got those sweet privacy features. And unlike your ex who ghosted you, Zcash has a community that just keeps growing. As a result, this little coin that could keeps climbing, while other assets are looking a little sadder than an empty wallet.
Whale Sighting: Big Fish in the Zcash Pond
Here’s where it gets juicy. Whale activity-those mysterious, heavy-hitting investors-are adding fuel to the fire. A fresh wallet popped up just a few days ago, and it’s already sitting pretty on a $2.7 million unrealized profit. Just three days, folks. That’s how long it took for someone to get their hands on ZEC and turn it into a small fortune.
Someone created a new wallet (0x96ea) 3 days ago and FOMOed long on ZEC-now sitting on $2.7M in unrealized profit.
Position: 32,000 ($16.3M). Liquidation price: $373.13
– Lookonchain (@lookonchain)
This isn’t just some random investor, though. This whale is part of a much bigger trend where big players are diving into Zcash like it’s a kiddie pool. And guess what? It’s pumping up Zcash’s price. More whales, more ZEC transactions, more hype. It’s like the crypto equivalent of a rave, and everyone’s showing up.
Even better, the open interest on ZEC contracts is spiking across major exchanges. What does this mean? It means the demand for Zcash is hotter than a summer sidewalk. So, if you thought the Zcash rocket was about to land, you might want to hold on to your seat, because we’re still heading into orbit.
With Arthur Hayes hyping it up, whales investing, and Zcash showing no signs of slowing down, this coin might just keep outperforming everything else on the market. It’s like the little engine that could-except this engine is a cryptocurrency and is apparently immune to gravity.
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2025-11-07 03:37