I remember when $ZEC launched on Poloniex and fair market value was 7 $BTC for 1 $ZEC
what you're discounting here is that $ZEC has gone through 10 years of accumulation, by the most long-term aligned people in crypto
cannot compare to altcoins that go 10x on launch in < 1 year with large VC supply overhang & mostly retail perps moonboys
refer to chart below
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