$ZEC at $1,680 = $ETH at $16,800

That's the bet. Privacy layer thesis playing out or just hopium?

Zcash has the tech, compliance-friendly privacy, and institutional whispers. But liquidity is thin and narrative hasn't caught fire yet.

If privacy becomes the next cycle's DeFi moment, early positioning here prints. If not, you're catching a falling knife.

Risk/reward is there. Just don't bet the farm.