ZEC Market Gains Attention from BitMEX Co-Founder Arthur Hayes

Market analysts are observing significant interest in Zcash (ZEC) following BitMEX co-founder Arthur Hayes' latest investment move. According to sources within the industry, Hayes has taken a long position on ZEC, signaling his confidence in the cryptocurrency's growth potential.

The predicted target price for ZEC, as shared by Hayes, is around 10% of Bitcoin's (BTC) current value. Based on current trading prices, with BTC priced at $81,750 and ZEC at $569, this would translate to a substantial increase in ZEC's market capitalization.

The move has sparked interest among investors and traders, with many weighing the potential benefits of investing in ZEC at its current price. The industry is closely monitoring Hayes' prediction, awaiting any signs that it may materialize into tangible growth for the cryptocurrency.