Markets· ★★★· bullish·

Zcash's near-3,000% rally draws Bitcoin millionaires

  • —Zcash is up nearly 3,000%, attracting large Bitcoin fortunes
  • —ZEC uses zk-SNARKs to shield transaction details
  • —ZEC has a 21 million supply cap, mirroring Bitcoin
  • —ZEC ETFs drew capital as Bitcoin funds lost $635 million
Why it matters: Large Bitcoin capital rotating into ZEC strengthens the privacy narrative, though regulatory restrictions and high volatility remain key risks.
Source: CriptoTendencias