Zcash Soars After Arthur Hayes’ Optimistic Prediction of $10,000

Privacy-focused cryptocurrency Zcash has experienced a dramatic surge of 30% in the past 24 hours following crypto entrepreneur Arthur Hayes’ prediction that it would reach $10,000. The token soared from $272 to a peak of $355 shortly after Hayes’ post on X (formerly Twitter) on Sunday, outperforming all other top 50 cryptocurrencies by market capitalization during the same timeframe. This is not the first instance where Hayes’ predictions have led to significant price movements for associated tokens.