i don’t think enough people have thought this one all the way through.
zcash is one of the only things besides bitcoin where the price going up makes the story better. no revenue, no cash flow, nothing to build a multiple off of. so there’s no number anyone can point at to tell you it’s “expensive”.
most everything else has a comp. fees, users, something.
the only anchor anyone has for zcash is bitcoin, which is a trillion dollars. and the answer to that is yeah, this is bitcoin, but private. swiss bank account in your pocket.
ten year old project, quantum roadmap, chart finally coming out of a base it sat in for years.
i think zcash ends up being the best candidate to create fomo since 2017.