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BitMEX co-founder Arthur Hayes dropped a bombshell "vibe check" on X on October 26, 2025, anticipating Zcash (ZEC) at $10,000. The strong call immediately ignited the market and sent ZEC over 30% in just 24 hours from $272 to highs over $374. Zcash had already grown 490%—or 380% depending on the timeframe—in the past month, breaking 2021 peaks and sparking widespread FOMO among investors; this was not only publicity.
The event launched Zcash's market cap over $5 billion for the first time ever, reaching $5.92 billion. With near-term targets in the $380–$400 area supported by $340 and $300, technical charts lit up; Fibonacci extensions from the 2020–2021 cycle hint at a possible wild $726. Like pumping Hyperliquid's HYPE token, Hayes's influence resonated with his past victories and magnified psychological purchasing mania.
Wider catalysts matched precisely: Hyperliquid exchange listings, Grayscale's new Zcash Trust launch, the impending halving event, and rising privacy coin demand in light of worldwide surveillance concerns. Hayes's history of transforming forecasts into revenues, Zcash's privacy edge places it as a breakout star in the crypto recovery.
