Why Zcash Could Hit $10,000: Monero Vs Zcash, Which is Better?

Of course, right when I buy Zcash (ZEC) it’ll crash HARD, but as long as I don’t buy, it’ll pump forever. Likely, the very split second I capitulate and buy this whole thing is over!

If you’re not in the know, Zcash has all the motion right now and is up 359.4% over the past month, and with that comes the familiar comparison of  Zcash versus Monero. These are the twin pillars of crypto privacy ,and while ZEC is rising, Monero has barely moved an inch. Can all of this change for a coin people say has the best privacy in Web3?

(… just look at ZEC’s price action. What could go wrong, guys?!)

I’m getting chills right now. This is literally like being able to buy Bitcoin BTC $100,742.96 1.75% Bitcoin BTC Price $100,742.96 1.75% /24h Volume in 24h $60.49B Price 7d Learn more at $500 all over again.

This is like when Luke Skywalker defeated the Death Star. So what’s next for Zcash, and does Monero have a chance?

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Does Zcash or Monero Have Better Fundamentals? Pure Privacy, Heavy Consequences

Monero, pound for pound, has the better absolute privacy. Its ring signatures, stealth addresses, and confidential transactions make tracing virtually impossible. That purity, however, comes at a steep cost.

Over the past few years, Monero has been delisted from major exchanges, such as Coinbase and Kraken, in certain regions due to its opacity. Regulators see it as untraceable and primarily used for the dark web.

Additionally, how do you plan to purchase groceries and pay taxes with Monero? Answer me that, XMR holders.

All jokes aside, Monero is for the uncompromising privacy maximalists who reject oversight. Zcash, by contrast, blends privacy with flexibility.

Its zk-SNARKs allow users to choose between transparent and shielded transactions. That option has kept Zcash listed on Coinbase, Binance, and Bitfinex, giving it a liquidity advantage Monero can’t match. Regulators tolerate Zcash because it can operate transparently when needed.

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I’m Getting Early BTC Vibes … Or, Is The ZEC Rugpull About to Happen?

This ZEC pump feels too inorganic. Just a few people telling others to buy. Again, it has existed for almost a decade. Monero is a better privacy coin. This is all just kind of nonsense.

At least that’s what the Monero holders are saying.

In truth, it does seem like this pump isn’t sustainable, but when you do have OG Zcash whales like Cobie and Naval swapping their BTC for Zcash, it does make you wonder if ZEC is about to be a top 10 mainstay.

ZEC does nothing, literally nothing, for years, and many on the XMR side argue that crypto insiders needed a big pump, which they found through ZEC.

You might make some money. You might get rugged. But when it comes to privacy, they argue Monero is still the best. We at 99Bitcoins seem to agree, but maybe it doesn’t matter “what’s more private” but what has the best balance between liquidity, exposure, and, of course, privacy.

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Will Zcash Hit $10,000?

Zcash Corporation is very open about working with the White House, so we wouldn’t be surprised if they receive side injections to maintain the volume at 1k or higher.

This is where Monero failed. They never made any effort to appeal to CEX liquidity, and when it was time to find a winner for privacy coins, institutions literally COULD NOT INVEST IN MONERO. LOL, lmao even.

The XMR community basically cucked itself out of being relevant for all time because Zcash hitting 1k will permanently flip it, and while people will always convert into XMR for drugs/crime/etc, it will never be considered valuable with Zcash above it. This is a problem that the community desperately needs to fix.

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The post Why Zcash Could Hit $10,000: Monero Vs Zcash, Which is Better? appeared first on 99Bitcoins.