Canary Capital CEO Steven McClurg has expressed a preference for Litecoin's privacy features over Zcash, highlighting the broader adoption of Litecoin's MimbleWimble Extension Blocks (MWEB) for private transactions in the U.S. and U.K. McClurg also cautioned that the recent surge in Zcash's price might be indicative of a pump-and-dump scheme. Ethereum co-founder Vitalik Buterin emphasized the importance of privacy, describing it as a basic hygiene measure rather than an optional feature. Meanwhile, analysts have observed a macro ascending triangle pattern in Zcash's chart, suggesting potential price fluctuations until December. Institutional interest in Zcash has grown, driven by a $50 million treasury plan from Cypherpunk Technologies and the upcoming halving event on November 28.