Is Zcash Really Next Bitcoin? Crypto King Barry Silbert Revives Viral '1%' Prediction

Cover image via www.youtube.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Digital Currency Group (DCG) founder Barry Silbert has once again reminded the market of his long-standing, but somewhat forgotten, forecast that Zcash (ZEC) should be worth at least 1% of Bitcoin's market capitalization. Advertisement The public trigger for the renewed discussion was Silbert's statement on X. Assessing the coin's current market position, the DCG chief jokingly clarified, "wait, did we say 1% or 10%?!?" but then added, without joking, that he still sees 1% as the base target, with long-term upside potential toward 10%. SEC clears the runway for 'next Bitcoin' Fresh CoinMarketCap data turns this discussion into hard mathematical calculations. While market leaders are going through a local pullback, with Bitcoin correcting to $67,006.34 and a market capitalization of $1.34 trillion, Zcash is showing strong countertrend performance. HOT Stories Microsoft Warns of Crypto-Stealing Trojan Hyperliquid (HYPE) ATH Run Needs Short Pause, Ethereum (ETH) Receives Massive Upside Room, Toncoin (TON) Golden Cross Might Not Help: Crypto Market Review Against the decline of most altcoins, ZEC rose 4.20% over the past 24 hours , reaching $592.91, while its market valuation came close to a psychological threshold at $9.91 billion. Right now, the pure math shows that Zcash's capitalization equals exactly 0.74% of the first cryptocurrency's market capitalization. Advertisement Zcash all-time price chart with Silbert's statement, Source: TradingView For Silbert's historic "prophecy" to fully play out and for ZEC's share to reach the 1% target, equivalent to $13.43 billion, the privacy coin needs to add another $3.52 billion in market value. In other words, the coin needs to grow only 35.55% from current levels to complete the final trigger. This push is being fueled not by speculation, but by changes in infrastructure as U.S. regulators have fully closed their two-year investigation into the Zcash Foundation without making any claims, finally removing the "high-risk" label from the privacy coin. You Might Also Like Wed, 06/03/2026 - 11:55 Zcash (ZEC) Network Shutdown Is False, Says Helius CEO With Proof By Arman Shirinyan Advertisement The main catalyst, however, is Grayscale Investments, the asset manager controlled by Silbert and a subsidiary of his holding company DCG. Amid preparations to convert the fund into a spot ETF, institutional inflows into the Grayscale Zcash Trust have accelerated significantly. The fund already holds about 389,420 ZEC, valued at $232.80 million, while daily demand for the fund's shares rose by 15.09%. For institutions that agree with Silbert's thesis that Zcash is now repeating Bitcoin's 2013 path , this activity inside the trust looks like an obvious signal to act. #Zcash #Bitcoin #ZCash Price Prediction