Crypto Fund Predicts Zcash To Hit Over $62K By 2025

in #bitcoin7 years ago

According to a new investment thesis released by Grayscale Investments, the value of Zcash (ZEC) could reach over $62,000 by 2025, assuming that the coin will represent 10 percent of all offshore wealth by that point.

zcasho.png

The report, written by financial analyst Matthew Beck, contains an all-caps disclaimer in a footnote below the chart that states the prices are “PURELY HYPOTHETICAL”, as well as that:

“NO REPRESENTATION IS BEING MADE THAT ANY RESULTS WILL OR ARE LIKELY TO ACHIEVE PRICES SIMILAR TO THOSE SHOWN.”

Zcash is an anonymity-focused digital currency that uses zero-knowledge proofs to verify the validity of a transaction without revealing its contents, giving it appeal as a “Swiss bank account in [your] pocket.”, as Grayscale phrases it.

zcash-1132x670.jpg

Coin Marketplace

STEEM 0.17
TRX 0.14
JST 0.028
BTC 59401.87
ETH 2615.39
USDT 1.00
SBD 2.40