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