Zcash Surges 15% Amid Arthur Hayes’ $10,000 Price Target

Zcash (ZEC) Performance:

Zcash has increased by 15% in the past day, with its price rising from $315 to $362.
24-hour trading volume surged by 45%, reaching around $799 million.
Arthur Hayes, BitMEX co-founder, remains bullish on ZEC, predicting a potential rise to $10,000.
If realized, this would indicate a 2,677% gain from current levels.
Over the past month, ZEC has increased by 430%, rebounding from mid-$60s to above $350.
The number of ZEC coins in shielded pools rose by 13% in October, surpassing 4.9 million.
Daily private transactions increased by 36% month-over-month.

Community Concerns:

Some analysts question the sustainability of ZEC's rally, suggesting it may be driven by hype.
Critics cite Arthur Hayes' history of promoting tokens before selling them at peaks.
Zcash uses zk-SNARKs for private transactions, maintaining financial privacy while ensuring blockchain transparency.

SUBBD Project Update:

SUBBD is integrating blockchain into the subscription-based content industry.
The project utilizes Web3 and AI to enhance creator-fan interactions and monetization.
SUBBD’s Ethereum-based native token allows creators to retain more earnings compared to traditional platforms.
Presale has raised nearly $1.3 million, indicating strong investor interest ahead of the official launch.