Gogol-Style Prophecy: Hayes Bets ZEC at 10% BTC

by

In the dingy corridors where the glow of computer screens does not quite illuminate but merely sighs, sits the legend of BitMEX, Arthur Hayes, a man who speaks with the gravity of a magistrate and the swagger of a tavern keeper. He, who trips over neither doubt nor decimal, declares to the world on the ethereal X that his dream for Zcash is a penny’s worth, exactly ten percent, of Bitcoin’s price. And he pronounces it as if naming a new czar: ZEC’s ascent is at its dawn, a sunrise that has not yet sputtered into the noon heat, a little drama still in the wings, waiting to bloom into a festival of numbers.

  • Arthur Hayes, co-founder of BitMEX, proclaims his upside target for Zcash (ZEC) to be 10% of Bitcoin’s price.
  • On X, he insists ZEC’s rally has “room for growth,” as if the market were a patient horse with a stubborn stubbornness for more oats.
  • Privacy coins remain under the heavy boot of regulators, yet they still surprise with sharp, feverish bursts of speculation.

Hayes, that impresario of bold macro and altcoin theatrics, tells his followers on X that the target price for ZEC is a mere tenth of BTC’s price. And in the same breath, he assures that the current uptrend “still has a lot of room for growth,” as if the ZEC movement were only a prelude to a grand opera whose finale no one dares to miss. The remark, not accompanied by a full valuation chart, leaves the spectators to count their coins and their breaths, translating a 10% anchor into a promise of a handsome, perhaps gargantuan, upside from today’s stage decor.

To lay out the math in the sober light of a dreary weekday: if Bitcoin dances at $90,000, a ZEC/BTC ratio of 10% would duet ZEC around $9,000; if BTC waltzes at $70,000, the beat would place ZEC near $7,000. And to remind ourselves of history, Zcash’s all-time high in late 2016 briefly flirted with $3,000 on a thin order book, only to retreat into the amiable desolation of sub-$1,000 years. A tale fit for a city-wide bonfire of numbers.

Hayes has long earned a reputation for speaking in bold macro-tongues and volatile altcoin prophecies, often via his own X rhapsodies and essays. His latest ZEC remark sits neatly within that tradition, weaving a narrative that privacy-focused coins might awaken if the watchful eyes of regulators sharpen their glare or if Bitcoin’s transparent ledger becomes a liability for certain wary souls.

The timing, as the street gamins of regulation know, is delicate. Privacy coins like Zcash and Monero have tasted delistings on major centralized exchanges in recent years thanks to anti-money-laundering vigilance, even as on-chain usage persists in niche markets. That regulatory shadow makes steady institutional inflows into ZEC unlikely in the near term, yet it has not prevented sharp, feverish spikes whenever traders tug at the high-beta thread of market sentiment.

Hayes’s 10% of BTC target is not a universal chorus; no chorus demanded it, no prophet proclaimed it from the pulpits. He did not present a timetable, a calendar, or a set of candle-sticks that would convert his whim into a law. But for the faithful who track his notes like maps to a treasure, the message is plain: the current ZEC movement, far from exhausted, invites the possibility of a much larger ascent against Bitcoin, provided the right mixture of tale, liquidity, and appetite for risk converge-as if the gears of fate happily clacked into place amid the clamor of a city that never quite sleeps.

Read More

2026-05-06 21:00