Hayes Get Confidence for Zcash Halving, Dey Plan Buy for $300–$350
BitMEX co-founder Arthur Hayes dey optimistic about di Zcash halving, e see di reward cut wey go happen for November 18 as one important catalyst wey go make supply tight and push up ZEC prices. After ZEC drop from close to $700 reach about $478, e promise say e go dey buy more at $300–$350. E bullish view based on three points: di halving go reduce daily issuance by 50%, Grayscale $102 million ZEC fund dey bring institutional money, and demand for on-chain privacy dey rise. Hayes also advise holders make dem move tokens enter shielded addresses to limit supply and reduce selling pressure.
As Zcash halving dey approach, expectations for scarcity-driven rally dey hot. But new EU anti-money laundering rules and FATF travel-rule updates fit cause wahala for privacy coins compliance. Zcash optional privacy design get advantage over other privacy coins but risk of delisting still dey. Traders suppose watch supply concentration for shielded pools, institutional inflows and market reaction around halving to understand short-term volatility and long-term support. Balancing risk and reward na important thing because of high leverage and liquidation risks for dis very volatile privacy coin.
Bullish
Dis tori good for Zcash because di coming Zcash halving go reduce new supply by 50%, wey fit hold price strong, plus Grayscale get $102 million ZEC fund wey show say big big organizations want am. For short time, di market fit get plenty wahala around di halving and compliance palava fit make price fall small. But, di supply drop and di growing need for on-chain privacy mean say price get better chance to rise for long term. Traders suppose dey watch how money dey flow inside shielded pools and from big organizations to sabi how market move.