Wang Qiao, co-founder of AllianceDAO, has projected that Zcash (ZEC) could achieve a market capitalization between 3% and 20% of Bitcoin's. He suggests that Bitcoin holders might allocate part of their assets to ZEC as a hedge, with a conservative target of 3%–5% and a more aggressive target of 15%–20%, akin to the historical silver-to-gold price ratio.
Wang also speculated that in the event of a significant Bitcoin downturn, such as a massive sell-off or a quantum attack, ZEC could potentially surpass Bitcoin. Currently, ZEC's market cap is $10.9 billion, following a 25% rise over the past month, while Bitcoin's market cap is approximately $1.54 trillion. This prediction implies a potential 3x to 6x increase for ZEC if realized.
AllianceDAO Co-Founder Foresees ZEC Reaching Up to 20% of Bitcoin's Market Cap
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