Zcash Price Prediction: Top Trader Sees ZEC Rising to $10,000 – Here’s Why

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Zcash (ZEC) has gone down by 8% in the past 7 days to $392 while trading volumes are rising near $1 billion in the past 24 hours, as crypto liquidations have spiked.

This privacy token is one of this year’s best altcoins with gains of 600% as this entire category has been experiencing a strong wave of positive momentum.

Volumes currently account for 15% of the token’s circulating market cap, implying that the selling pressure is rising.

Right now, the market is digesting a delayed jobs report from October that saw 109,000 job positions being wiped out of the U.S. economy. However, the situation improved a bit in November as 64,000 new jobs were created during the month.

Now that the market is current with the latest economic data, participants have better visibility of what could come next. The market reacted negatively to these job figures, and the New York session quickly dumped crypto assets.

Farzad Sees Zcash Rising to $10,000 – Here’s What the Chart Shows

Despite this short-term turmoil, one prominent trader known as Farzad just published his thesis on ZEC. He envisions the token rising to $10,000 in the near future, as privacy tokens could attract a big share of the world’s wealth.

In an X post published earlier today, Farzad, whose X account is followed by over 140,000 users, shared an image of the document’s executive summary.

The whitepaper reads: “Applying discounted privacy-premium models to Zcash, we derive a hypothetical scenario in which structural demand for zero-knowledge settlement could justify long-run valuations approaching $10,000 per ZEC under extreme but mathematically consistent assumptions.”

He added: “We show that under a wide band of assumptions of 2–5% annual global wealth seeking private settlement rails, Zcash’s infrastructure capture could theoretically rival major settlement networks by 2040.”

Could this be the reason why ZEC has rallied strongly this year? If it does hit $10,000, this would mean that the market is severely undervaluing the token. Based on Farzad’s projections, early buyers who scoop up Zcash right now could take in gains exceeding 3,000% in the next 5 to 10 years.

zcash price chart

Zcash bounced strongly off the $300 level, making this the key support level to watch for the token if the latest wave of negative momentum accelerates.

Meanwhile, the selling pressure seems to have increased as the token hit $450. This is a key structural level, as a break above it would invalidate ZEC’s downtrend and could ignite a move toward $700 again.

The Relative Strength Index (RSI) has been rising lately, moving above the 14-day moving average at some point in the first week of the month. However, the oscillator still needs to climb decisively above the mid-line to confirm a bullish outlook.

Catching the next Zcash is not an easy task, unless you scout the market and find top crypto presales like Bitcoin Hyper ($HYPER). This project is still flying below most investors’ radar, but it could be the next to deliver attractive gains after its Bitcoin L2 is launched.

Bitcoin Hyper ($HYPER) Brings Solana’s Low Costs and Speed to Bitcoin OG Blockchain

Bitcoin Hyper ($HYPER) is a layer 2 built to expand what Bitcoin can do without changing its core principles.

bitcoin hyper crypto presale

Instead of replacing Bitcoin, it adds a faster execution layer designed to handle transactions more efficiently and support modern use cases. This is achieved by leveraging the power of the Solana blockchain to launch the Hyper L2.

Bitcoin’s security is widely trusted, but its base layer wasn’t built for apps, smart contracts, or heavy traffic. Bitcoin Hyper addresses these limitations by processing transactions with lower latency and reduced congestion, making it easier for developers to build directly around Bitcoin.

The $HYPER token powers this ecosystem, giving builders and users a way to interact with the network as it grows into areas like Web3 and AI-linked applications.

You can buy $HYPER by visiting the official Bitcoin Hyper website. Simply connect your wallet and purchase this token at its presale price with crypto or a bank card.

By Alejandro Arrieche

Alejandro is a seasoned financial analyst with over seven years of experience writing complex business topics and market trends. His insightful work has been featured in prominent publications including CryptoBites, The Modest Wallet, and Capital.com, where he provides comprehensive analysis spanning from broad business strategy to complex topics about cryptocurrencies and the stock market. A graduate of EUDE Business School, Alejandro leverages his academic background and analytical expertise to deliver data-driven insights that help readers navigate complex economic landscapes. His authoritative content focuses on value investing, financial analysis, and general business topics, empowering both organizations and individuals with actionable intelligence to make informed decisions about their investments and trades.