STILL K.A.P.O
Crypto Investor
Privacy coins are showing strength while bitcoin downtrends, a sign holders are strong and some are selling bitcoin to buy Zcash and other privacy plays. Holders of names such as NOCK know what they own and don't sell into weakness, and MANIFEST and VEILNET are also holding up. Smaller caps are selling off, but it is still early. x.com
Privacy coins are the narrative to be early on, with Zcash headed to $1,000+. Other high-conviction privacy picks are Nockchain, a programmable zero-knowledge proof-of-work chain with Zcash-like privacy that Barry Silbert also holds; KNX, for offline private transactions; and VEILNET, a fully homomorphic encryption and zero-knowledge ecosystem with private MCP servers for AI agents. x.com
Zcash and Hyperliquid could face less selling pressure because they have newer, stronger narratives than NEAR and fewer holders waiting to sell at breakeven. Their appeal this cycle rests on narrative and hype; they look like this cycle's Ether and Solana. x.com x.com x.com
Zcash's privacy is its lasting edge because bank accounts may never become private, while quantum resistance should become a requirement for all survivors. Its public transactions make institutional integration easier than Monero's, giving it a larger potential market. Monero has value and is probably oversold, though FCMP++ has no clear timeline. Institutions' comfort with Zcash could fade if governments clamp down. x.com x.com x.com x.com x.com x.com
Zcash's rally lacks visible demand. Its privacy-focused ethos is respectable, but buyers are hard to identify, and the move looks driven by a low float, as @StockBaron_ suggests. x.com x.com x.com
Zcash's store-of-value narrative is more valued than revenue-linked privacy applications for now. Revenue-generating tokens could outperform once trust is established, but privacy store-of-value tokens remain the preferred narrative today. x.com x.com
Zcash has its own buyers, so it keeps pushing its own bull run regardless of the CLARITY Act or the Fed. People who want privacy don't wait for Powell, more surveillance on exchanges pushes them toward privacy, and privacy wins long term. A run toward $1,500 would be a point to take a little profit. x.com x.com x.com x.com
Zcash is entering a profit-taking zone after moving above key levels into a stretched area. Per Alphractal, NUPL is at 0.53, showing holders sit on strong unrealized profits, while whales holding 100K-1M ZEC are starting to sell. Those who bought much lower should consider taking some profits here. x.com
Zcash's cooling social attention points to a multi-week bottoming process nearing its end. The Rollup counts 4,100 weekly ZEC mentions from accounts with over 1,000 followers, down 42% in a week and 68% from the peak of 12,800. x.com
Zcash's upside against Bitcoin is underpriced because Bitcoin is ossified and cannot respond to competition. With no voice of authority, Bitcoin won't rush to add privacy or quantum resistance, so the pair trade could see more pain for Bitcoin and Zcash could reach silly prices. Ossification is good, Zcash must ossify one day to become a trillion-plus coin, and Bitcoin will have its time in the sun, but the social dynamic could get grim for the maxis first. x.com x.com
Low liquidity could cause sharp downside wicks in altcoins over the coming days. Uniswap at $3-6 and Zcash near $800 are levels of interest for bids. Trader_XO sees Zcash near $800, a call that holds here too; the level is expected before year-end. x.com x.com x.com
Holders are rotating from bitcoin into Zcash, and the shift is still early. Per @jeremiahrogers, bitcoin holders who swapped into ZEC through NEAR intents now hold 468,606 ZEC, 2.92% of the network, worth $736M, versus $200.4M had they stayed in bitcoin. x.com
