{"id":90363,"date":"2025-10-28T14:00:00","date_gmt":"2025-10-28T12:00:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=90363"},"modified":"2025-10-28T13:00:31","modified_gmt":"2025-10-28T11:00:31","slug":"zcash-celebrates-anniversary-with-470-surge","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/zcash-celebrates-anniversary-with-470-surge\/","title":{"rendered":"Zcash Celebrates Anniversary with 470% Surge"},"content":{"rendered":"<p>The rally of Zcash (<a href=\"https:\/\/forklog.com\/en\/news\/monero-zcash-and-dash-how-the-three-privacy-veterans-are-faring\">ZEC<\/a>), coinciding with the ninth anniversary of the project&#8217;s launch, has sparked debate within the crypto community. Some experts view it as an example of market narrative creation and a distribution phase, while others see it as the beginning of a new bullish trend.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Happy birthday <a href=\"https:\/\/twitter.com\/search?q=%24ZEC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ZEC<\/a> <a href=\"https:\/\/twitter.com\/Zcash?ref_src=twsrc%5Etfw\">@Zcash<\/a> \ud83d\udee1\ufe0f <a href=\"https:\/\/t.co\/yhtP4vPWdy\">pic.twitter.com\/yhtP4vPWdy<\/a><\/p>\n<p>\u2014 Joachim\ud83d\udee1\ufe0f (@joachimtcb) <a href=\"https:\/\/twitter.com\/joachimtcb\/status\/1983078380539937013?ref_src=twsrc%5Etfw\">October 28, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>At the time of writing, the asset is trading at ~$320, having gained ~470% over the month.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"630\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-9f7e6094ab4f6dca-8041040232625428-1024x630.png\" alt=\"ZECUSDT_2025-10-28_13-35-54\" class=\"wp-image-268374\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-9f7e6094ab4f6dca-8041040232625428-1024x630.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-9f7e6094ab4f6dca-8041040232625428-300x184.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-9f7e6094ab4f6dca-8041040232625428-768x472.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-9f7e6094ab4f6dca-8041040232625428.png 1428w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Monthly chart of ZEC\/USDT on Binance. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3AZECUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>The altcoin rally <a href=\"https:\/\/forklog.com\/en\/news\/privacy-coins-lead-the-altcoin-rally\">began<\/a> in September, led by anonymous tokens \u2014 Zcash and Dash.<\/p>\n<p>The founder of Pink Brains studio, known as Ignas, described the rise of ZEC as an example of the formation and viral spread of market narratives.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Zcash is the perfect case study for how narratives emerge and go viral.<\/p>\n<p>When <a href=\"https:\/\/twitter.com\/search?q=%24ZEC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ZEC<\/a> suddenly shows up on your X feed, it feels off. It is an old dinosaur coin no one cared on X until recently.<\/p>\n<p>No surprise Lyn Alden warned not to become exit liquidity for coordinated pumps.<\/p>\n<p>You\u2026 <a href=\"https:\/\/t.co\/Qdr8woMAwD\">pic.twitter.com\/Qdr8woMAwD<\/a><\/p>\n<p>\u2014 Ignas | DeFi (@DefiIgnas) <a href=\"https:\/\/twitter.com\/DefiIgnas\/status\/1982419084773134711?ref_src=twsrc%5Etfw\">October 26, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to him, the sudden appearance of an &#8220;old dinosaur coin&#8221; in the information field triggers a reflexive loop. The price increase attracts more attention, intensifying the fear of missing out among observers.<\/p>\n<p>In such a situation, a user has two options: ignore the topic or succumb and buy the asset. After purchasing, the person becomes a spreader of the narrative, supporting the coin on social media.<\/p>\n<p>Ki Young Ju, head of CryptoQuant, expressed a similar view. He stated that Zcash is in a distribution phase.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">sorry but you\u2019re retail if you\u2019re buying zcash now <a href=\"https:\/\/t.co\/7bPAivbRFp\">pic.twitter.com\/7bPAivbRFp<\/a><\/p>\n<p>\u2014 Ki Young Ju (@ki_young_ju) <a href=\"https:\/\/twitter.com\/ki_young_ju\/status\/1983048926304579808?ref_src=twsrc%5Etfw\">October 28, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Sorry, but you\u2019re retail if you\u2019re buying Zcash now,&#8221; he wrote.<\/em><\/p>\n<\/blockquote>\n<p>Former BitMEX CEO Arthur Hayes posted a brief message with the words &#8220;vibe check&#8221; and a forecast of ZEC rising to $10,000.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Vibe check <a href=\"https:\/\/twitter.com\/search?q=%24ZEC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ZEC<\/a> to $10k <a href=\"https:\/\/t.co\/tBc0WaxzZ1\">pic.twitter.com\/tBc0WaxzZ1<\/a><\/p>\n<p>\u2014 Arthur Hayes (@CryptoHayes) <a href=\"https:\/\/twitter.com\/CryptoHayes\/status\/1982371104082596248?ref_src=twsrc%5Etfw\">October 26, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Investor Eric Van Tassel indirectly agreed with him. He criticized analysts who label the rise of ZEC as another &#8220;pump and dump&#8221; scheme based on past price movements.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I&#8217;ve seen my share of so called analysts on YT and on X talking about why the current pump for <a href=\"https:\/\/twitter.com\/hashtag\/ZEC?src=hash&#038;ref_src=twsrc%5Etfw\">#ZEC<\/a> will be no different than all the others that ultimately failed. I&#8217;ve pointed these rallies out with yellow arrows. They say that Zcash is just a pump and dump scheme based on\u2026 <a href=\"https:\/\/t.co\/05u1QCQI4r\">pic.twitter.com\/05u1QCQI4r<\/a><\/p>\n<p>\u2014 Eric Van Tassel (Not a Financial Advisor!) (@XRPathologist) <a href=\"https:\/\/twitter.com\/XRPathologist\/status\/1983054851224547471?ref_src=twsrc%5Etfw\">October 28, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He stated that previous unsuccessful rallies occurred within a multi-year consolidation structure. The current price increase happened after breaking out of it, which fundamentally changes the situation.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The Zcash pump is legitimate because it breaks the macrostructure. Those &#8216;analysts&#8217; who think this will be just another failed rally are as wrong as they can be,&#8221; said Van Tassel.<\/em><\/p>\n<\/blockquote>\n<p>He added that good analysis always considers the break of a structure or trend relative to the entire history of the asset.<\/p>\n<p>Earlier in October, the price of ZEC <a href=\"https:\/\/forklog.com\/en\/news\/zcash-price-surpasses-230-for-the-first-time-in-three-years\">reached<\/a> $230 for the first time since 2022.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rally of Zcash, coinciding with its ninth anniversary, has sparked debate within the crypto community.<\/p>\n","protected":false},"author":1,"featured_media":90364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Zcash's rally sparks debate; experts divided on market narratives and bullish trends.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1138,1256,202],"class_list":["post-90363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-opinions","tag-privacy-and-personal-data","tag-zcash"],"aioseo_notices":[],"amp_enabled":true,"views":"210","promo_type":"1","layout_type":"1","short_excerpt":"Zcash's rally sparks debate; experts divided on market narratives and bullish trends.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=90363"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90363\/revisions"}],"predecessor-version":[{"id":90365,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90363\/revisions\/90365"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/90364"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=90363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=90363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=90363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}