How Zcash Became the New Bitcoin Cash Without Moving a Muscle (And a Few Surprises)

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Imagine a privacy coin, Zcash (ZEC), suddenly deciding to flex its muscles and say, “Hey, Bitcoin Cash, move over!” in the last 24 hours, it shot up about 10%, like a caffeinated squirrel on a sugar high. Turns out, the secret sauce was a hearty endorsement from Binance-the crypto equivalent of a celebrity shouting, “I like this one!” 🤑.

ZEC in Green-Because Bullish Is the New Black

Currently, Zcash is lounging around at approximately $623, which, if you’re keeping score, is a triple-digit binge on the monthly scale. Its market cap jumped to a glorious $10.2 billion, enough to put it ahead of Bitcoin Cash (BCH), thus flipping the script and earning the shiny badge of being the 18th biggest cryptocurrency. Take that, BCH! 🎉.

The fireworks were lit further with Binance Futures rolling out a ZEC/USDC perpetual contract boasting up to 75x leverage. That’s fancy talk for “bet big or go home,” allowing traders to wager on the coin’s future value without actually bothering to buy the thing-and with no set expiration date, because who doesn’t love eternal gambling?

This Binance backing is a bit like getting a celebrity endorsement-it boosts visibility, liquidity, and, of course, hopes for a future that might include a moon landing. Just last September, a similar move with STBL/USDT boosted it by 500%, so ZEC’s recent sprint could be just the warm-up act.

Now, with such a turbo boost, talk of reaching $1,000 or even $1,500 before 2025 started bubbling up. Sakura is dreaming of a thousand-dollar ZEC, while Ali Martinez, with all the confidence of someone who’s been through crypto’s rollercoaster, thinks $1,500 isn’t out of the question. And Arthur Hayes? The BitMEX co-founder who previously aimed for a $10,000 ZEC, but then kindly lowered his ambitions to a less bankruptcy-inducing figure of $1,000. 🎯

The Glass Half-Empty (Or Is It?)

But before we all start popping champagne, some alarm bells are ringing. Data from CoinGlass suggests that more investors are flocking to centralized exchanges from their private wallets-think of it as the crypto version of onlookers rushing into a store just before a sale ends. This often spells trouble-like a prelude to selling off everything in sight.

And if that’s not enough to spoil the party, Stalkchain reports that ZEC has been the most “sold” token by the so-called “smart money” in the past day, overshadowing the sales of other coins like PENGU, WIF, and USELESS, which might or might not be on a list of promising altcoins.

So, enjoy the ascent, but keep an eye on the exit signs. Because in crypto, today’s moonshot can sometimes be just a hot air balloon heading for the clouds-until it pops.

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2025-11-19 21:02