ZEC Rises 5.93% in 24 Hours as Privacy Coins Experience a Surge

As of November 13, 2025,

(ZEC) experienced a 5.93% increase over the past 24 hours, reaching $524.73, based on the latest market information. Although the asset has dropped 10.98% over the last week, it has posted gains of 32.18% in the past month and an impressive 850.45% over the previous year. These results have brought to the forefront as a leading altcoin, especially among privacy-oriented cryptocurrencies.

This price rally occurred alongside Leap Therapeutics’ transition to Cypherpunk Technologies, a strategic shift that underscores the company’s commitment to Zcash as a primary treasury holding. The company disclosed the acquisition of 203,775.27 ZEC at a total cost of $50 million, averaging $245.37 per coin. This purchase accounts for about 1.25% of ZEC’s circulating supply, with Cypherpunk aiming to eventually hold up to 5% of the total supply. Winklevoss Capital supported this move, having led a $58.88 million private funding round in October.

To facilitate this new direction, the company has reorganized its executive team, naming Khing Oei as Chairman and Will McEvoy as Chief Investment Officer, both appointments effective November 11. Oei, who previously established a euro-based Bitcoin treasury firm, brings extensive experience managing assets exceeding $200 million. McEvoy, a principal at Winklevoss Capital, highlighted the firm’s shift away from short-term capital, instead building a coalition of investors with a long-term vision for Zcash’s growth.

The rebrand also introduces a new ticker,

, which takes effect on November 13. This change reflects a broader corporate mission that places privacy at the heart of digital liberty. Zcash leverages zero-knowledge proofs (zk-SNARKs) to enable confidential transactions, concealing the sender, recipient, and transaction value—features that have increasingly attracted institutional players to the privacy coin sector.

Winklevoss Capital has openly expressed its endorsement, with co-founder Tyler Winklevoss referring to Zcash as “encrypted Bitcoin” or “digital cash.” He maintains that while

is seen as a store of value, Zcash serves as a tool for private value transfers. Winklevoss also predicts that Zcash could eventually claim a notable share of Bitcoin’s market cap, particularly as artificial intelligence adoption accelerates. He has forecasted that Bitcoin could reach $1 million per coin within five to ten years, suggesting considerable growth potential for Zcash as well.

Zcash’s technical trajectory has echoed the broader market pattern. Since September, the asset has surged in a parabolic move, hitting a record high of $750 on October 30. A subsequent market correction saw its price drop by over 40% to around $420, before rebounding. As of November 13, ZEC is trading above $500, and technical signals indicate the possibility of further gains if it surpasses key resistance points.

Backtest Hypothesis

To assess the viability of a Zcash-focused investment approach amid recent volatility, one could implement an event-driven backtest. This test would examine “-10% daily drop” scenarios from January 1, 2022, onward. The strategy assumes ZEC is the sole asset under review, with the trigger being a daily closing price decline of at least 10%. Following such a drop, the asset would be held for a predetermined period—such as 10 trading days—before exiting, regardless of performance.

The premise is that Zcash, given its notable volatility and strong institutional support, might rebound after sharp daily losses. This could present opportunities for tactical long positions to benefit from recoveries or sustained upward trends in the days that follow. The backtest would also consider how stop-loss and take-profit rules could help manage risk and secure profits.