Gemini Founder Winklevoss Says Zcash Feels Like Crypto in 2019

According to CoinGecko's retrospective data, Bitcoin was worth roughly $3,693 on Jan. 1, 2019. It went on to rally to around $13,000 by late June before retracing some of that increase, eventually entering 2020 around $7,195.

Despite the volatility, the people paying close attention to Bitcoin were discussing institutional infrastructure, custody, and so on. The same applies to the broader industry.

The suggestion appears to be that Zcash currently has a similar feeling of enthusiasm.

Why Zcash feels very different

Zcash is not a new cryptocurrency. The network launched in 2016.

Zcash uses zero-knowledge proofs to allow transactions to be validated in a private fashion.

For years, however, privacy coins occupied an awkward position in crypto.

The technology attracted strong ideological support from privacy advocates . However, some exchanges removed privacy-focused cryptocurrencies altogether due to regulatory scrutiny.

In 2026, Zcash experienced a major resurgence. Privacy has returned as an investment and technology narrative.

Zcash entered January around the $511 area before suffering a steep correction.

February brought another decline. $ZEC fell approximately 27% during the month and briefly traded around $191.