The crypto market is abuzz as BitMEX co-founder Arthur Hayes urges Zcash holders to withdraw their assets and move them into shielded wallets, sparking a wave of discussion across the industry. Meanwhile, new meme coin Maxi Doge is gaining momentum as traders hunt for early-stage opportunities.
Zcash (ZEC) has seen its price surge over 1200% in the past three months, making it one of the best-performing significant assets in the market. Hayes, who has accumulated a large position in ZEC and is calling for a $1000 short-term target, argues that the token will thrive as governments increase surveillance and users demand alternative chains.
However, critics argue that ZEC’s historic underperformance, exchange delistings, and slow development pose risks. Despite this, market action suggests that traders are listening to Hayes – at least for now.
As the ZEC narrative continues to explode, smart money is rotating into higher-upside opportunities, including early-stage meme plays like Maxi Doge. This new coin blends Dogecoin-style virality with early-stage upside potential, making it attractive for traders seeking high-beta, 100x asymmetric plays.
Maxi Doge currently sits at a presale price of $0.000268 and has already raised $4M, proving that demand for dog-based meme coins remains strong. With the ZEC narrative driving interest in privacy-focused assets, could Maxi Doge capture some of those gains, offering early upside that traditional majors can no longer match?
Source: https://99bitcoins.com/news/presales/arthur-hayes-calls-for-zcash-outflows-smart-money-back-maxi-doge-for-bigger-gains