Zcash cofounder Eli Ben Sasson says he still feels “on track” for his $5,000 year end ZEC prediction, even after the token’s explosive recent rally.
ZEC has already pushed well above his earlier $1,200 September target, reaching around $1,680 before pulling back sharply.
But Ben-Sasson admits he doesn’t actually know what is driving the latest surge, making the $5K call more of a personal prediction than a valuation model.
From roughly $1,500, reaching $5,000 would require another 200%+ move before the end of the year.
ZEC has already surprised the market. Can it really go another 3x?
$ZEC $BTC #BTC Price Analysis# #Altcoin Season#
ZEC has already pushed well above his earlier $1,200 September target, reaching around $1,680 before pulling back sharply.
But Ben-Sasson admits he doesn’t actually know what is driving the latest surge, making the $5K call more of a personal prediction than a valuation model.
From roughly $1,500, reaching $5,000 would require another 200%+ move before the end of the year.
ZEC has already surprised the market. Can it really go another 3x?
$ZEC $BTC #BTC Price Analysis# #Altcoin Season#
