The privacy-focused cryptocurrency Zcash surged over 142% in the past month alone, reaching $1,236. Its market capitalization represents just 1% of Bitcoin’s, while its price volatility has averaged about 140% over the past year. This high volatility would allow covered call strategies on Zcash to generate an implied yield of 70%, compared with approximately 30% for Bitcoin. Zcash has seen its value climb more than 2,360% over the past year, rising from the 82nd to the 10th largest cryptocurrency, now representing 62% of the privacy sector’s total market capitalization.
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