A founder of a decentralized autonomous organization (DAO) recently stated that Zcash (ZEC) has the potential to become the next project in the cryptocurrency space to achieve a 1000x growth. He believes that while there are still many tenfold or even hundredfold investment opportunities in the current cryptocurrency market, achieving a thousandfold return requires an "extremely large potential market" (TAM).
The founder elaborated that on the current path of cryptocurrency development, future technological improvements and growth may only bring about "marginal effects" rather than "order-of-magnitude" breakthroughs. Therefore, he views the field of privacy technology as the "last area capable of providing asymmetric excess returns."
As of the time of writing, ZEC is trading at $265.60.