**Privacy-Focused Cryptocurrency Zcash Surges 30% Following Arthur Hayes’ $10,000 Prediction**
Privacy-focused cryptocurrency Zcash has surged 30% in the last 24 hours after crypto entrepreneur Arthur Hayes predicted the token would eventually reach $10,000.
Zcash rallied from $272 to a peak of $355 in the hours after Hayes’s “vibe check” post on X (formerly Twitter) on Sunday, featuring his bullish prediction. This impressive performance outpaced all other top 50 tokens by market capitalization over the same timeframe.
This isn’t the first time Hayes’ predictions have been linked to a token’s rise. At the August WebX 2025 conference in Tokyo, he stated that Hyperliquid’s HYPE token could increase 126 times over the next three years, which resulted in a modest 4% spike for HYPE.
**Hayes’ Endorsement Sparks FOMO Among Traders**
Hayes’ endorsement appears to have triggered a wave of FOMO (Fear Of Missing Out) among traders. Crypto trader and Binance Square contributor AB Kuai Dong speculated in an X post on Sunday that the Zcash rally was likely driven by Hayes. He described Hayes as a “legendary Silicon Valley investor” whose endorsement pushed “everyone to follow the trend and join in, subsequently triggering a full month’s FOMO market frenzy.”
Supporting this view, a crypto trader and board member of treasury company K9Strategy, using the handle Clemente, admitted to jumping into Zcash “because [they were] filled with so much FOMO [they] couldn’t keep [themselves] sidelined to this run.”
**Privacy Tokens Gain Spotlight Amid Regulatory Concerns**
Meanwhile, trader and investor JonnyJpegs suggested that the rally might also be fueled by increasing demand for privacy-related tokens. As more governments attempt to clamp down on encryption and privacy technologies, users may be seeking ways to protect their transactions.
Zcash has experienced an extraordinary 490% rally over the last 30 days and crossed the $5 billion market capitalization threshold for the first time on Sunday, according to CoinGecko.
*Related: ‘Dino coin’ season: Why are Zcash and Dash seeing biggest rebounds?*
**About Zcash**
Launched in October 2016, Zcash utilizes an encrypted ledger employing zero-knowledge proofs. Its transactions can be either transparent and publicly viewable or fully shielded, meaning that both the sender, receiver, and transaction amount remain private.
Another leading privacy coin, Monero (XMR), also gained 3.6% in the last 24 hours, reaching $346. However, Monero remains delisted or restricted on most major exchanges, including Binance and OKX, as well as several European trading platforms.
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