Will Zcash hit $10,000? Price Predictions 2024-2030

Read our analysis on Zcash, Will Zcash reach $10000 or even $1000? and Zcash Price Prediction 2024-2030.

Latest Price of ZCash (ZEC) USD

Zcash Price Performance so far

Last 7 Days	+10.1%
Last 1 Month	-26.2%
Last 12 Months	-38.0%

What are the Signals and Predictions?

• Zcash Price Prediction in the next 24 hours is between $22.3 and $23.3
• Zcash Price Prediction this week is between $21.8 and $24.1

Zcash price prediction 2024-2025-2030, Aggregated

• Zcash Price Prediction 2024 is $45.1
• Zcash Price Prediction 2025 is $72.6
• Zcash Price Prediction 2026 is $107
• Zcash Price Prediction 2027 is $135
• Zcash Price Prediction 2028 is $180
• Zcash Price Prediction 2029 is $249
• Zcash Price Prediction 2030 is $371

Influencer Price Targets

• Reed_cars: $49 (Short-term)

Will Zcash reach $10,000?

Yes, Zcash can reach $10000 if 95% of the Tokens are Destroyed

To reach $10000, ZEC will need to rise 438x. At $10000, the target market cap will be approximately $163.28 billion. If ZEC were to rise at the pace of 25%, it will take approximately 28 years to reach $10000.

Let us evaluate this –

• Quality of Investment– Poor
• Time and Growth required to reach $10000– Not Feasible
• Market Cap at $10000– Not Feasible

Considering the Quality of Investment, growth required, and time required, Zcash has no chance of reaching $10000.

Will ZEC reach $100?

To reach $100, ZEC will need to rise 4x. At $100, the target market cap will be approximately $1.63 billion. If ZEC were to rise at the pace of 25%, it will take approximately 7 years to reach $100.

Let us evaluate this –

• Quality of Investment– Poor
• Time and Growth required to reach $100– Feasible
• Market Cap at $100– Feasible

Considering the Quality of Investment, growth required, and time required, Zcash is highly likely to reach $100

Will ZEC reach $1000?

To reach $1000, ZEC will need to rise 44x. At $1000, the target market cap will be approximately $16.33 billion. If ZEC were to rise at the pace of 25%, it will take approximately 17 years to reach $1000.

Let us evaluate this –

• Quality of Investment– Poor
• Time and Growth required to reach $1000– Not Feasible
• Market Cap at $1000– Somewhat Feasible

Considering the Quality of Investment, growth required, and time required, Zcash is unlikely to reach $1000.

Is Zcash a Good Investment?

Zcash is a decentralized digital currency that primarily focuses on anonymity and privacy. It makes use of zk-SNARK technology that helps verify the transactions on the platform without revealing private information about the transactions.

It is said that the existing cryptocurrencies are not anonymous. In other words, their users’ public addresses can be traced back using data science.

On the other hand, Zcash is completely anonymous i.e., it does not reveal this data unless it is required for regulatory compliance.

Following are a few use cases of ZEC:

• ZEC allows users to have private and efficient transactions with other users.
• ZEC tokens can be used to pay for goods and services without revealing the identity of the users.
• Users can stake their ZEC crypto to earn more ZEC tokens.
• ZEC coins can be used for online money transactions because these can easily be exchanged for USD, Euros or any other fiat currencies.

Partnerships

Zcash is partnered and integrated with many platforms such as Apex Crypto, Bitdeer, Koinly, Elliptic, Blockdaemon and Ledger Nano X.

Zcash vs Bitcoin

Bitcoin is a decentralized digital asset that allows all transactions to happen directly between independent network participants. It doesn’t require any intermediary to facilitate the transactions. Therefore, BTC is one of the most prominent competitors of Zcash. Let us briefly make a comparison between Zcash and Bitcoin:

	Zcash	Bitcoin
Major audience	Users who are looking for a digital currency to help them with mobile payments	Users looking for an innovative payment network powered by blockchain.
Categories	Blockchain and Layer 1 protocols.	Blockchain, Layer 1 protocol and Smart contract
Supported platforms	SaaS	Blockchain, Layer 1 protocol, and Smart contract

Bitcoin is the number 1 cryptocurrency in terms of market capitalization and is always being at the top since its launch. However, 2022 wasn’t really a great year for the entire crypto market including Bitcoin. Therefore, we can see a huge decline in BTC’s price for a year.

However, Bitcoin has managed to cope with the negative factors and has shown a positive trend in the last week.

Bitcoin’s support on multiple platforms (in contrast to Zcash) makes it even more useful. Therefore, Zcash has certainly failed to outperform Bitcoin for a year.

Zcash vs Dash Coin

Dash is another notable competitor of Zcash as it allows a fast and cheaper global payments network. Let us have a brief comparison between the two:

	Zcash	Dash Coin
Major audience	Users who are looking for a digital currency to help them with mobile payments	Companies who are looking for a Defi solution.
Categories	Blockchain and Layer 1 protocols.	Blockchain and Layer 1 protocols.
Supported platforms	SaaS	SaaS. Windows, Mac, Linux, iPhone, Android and iPad.

Note: Please consult a registered investment advisor to guide you on your financial decisions.