Mow to Zcash Holders: 'Buy Bitcoin'

Samson Mow, one of the most vocal Bitcoin maximalists, has urged Zcash holders to buy Bitcoin. 

Mow has drawn parallels between the recent Zcash rally and the price trajectory of meme cryptocurrency Dogecoin DOGEUSD. 

"For everyone excited about Zcash, this is DOGE. Your job is to figure out where on this chart you’re at right now," he said. 

Stunning ZEC rally 

Zcash, a privacy-focused cryptocurrency, normally attracts very little attention. However, it recently became the talk of the crypto town due to its enormous rally. 

In fact, the coin's price has skyrocketed by more than 100% since November. 

Some analysts believe that increased concerns about surveillance, regulatory pressure, and financial censorship are making privacy coins more attractive. 

Zcash has also made some meaningful technical and infrastructure improvements, such as increased adoption of shielding and cross-chain integration. 

Hence, it is rather safe to say that the most recent ZEC rally is not entirely hype-based.