In brief

  • Zcash is being highlighted by notable individuals on social media.
  • The token’s price has increased nearly 240% over the past two days.
  • Mert Mumtaz said Zcash would hit $1,000.

Zcash’s price rose to $165 on Monday as Mert Mumtaz, CEO of Solana infrastructure firm Helius Labs, continued cheerleading the token on X, among other notable crypto observers.

Mumtaz has emerged one of Zcash’s most vocal backers, and he said on Monday that he “love[s] shilling privacy stuff because it actually ends up making a difference in the privacy properties of these systems.” He called for the token to hit $1,000.

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Author: André Beganski

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