Winklevoss Compares Zcash Sentiment to Crypto's 2019 Rollercoaster
Gemini founder Tyler Winklevoss has drawn a comparison between the current sentiment surrounding Zcash and that of the crypto market in 2019.
At the time, Bitcoin had just gone through a brutal bear market following a speculative frenzy in 2017. Prices were depressed, while retail enthusiasm had evaporated.
Zcash's recent rally has some observers drawing parallels with this period, according to Winklevoss. The cryptocurrency's price surged significantly, reaching $1,335.51 on Sept. 16.