Zcash: The Last Potential 1000x Opportunity in Crypto, Says Venture Capitalist

Qiao Wang, co-founder of Alliance DAO, argues that Zcash may represent the final opportunity for a 1000x return in the cryptocurrency realm. His perspective is rooted in a long-term view of the cryptocurrency landscape and emphasizes the importance of privacy as an essential, yet unresolved, element in digital assets.

Key Takeaways

Qiao Wang believes Zcash could be the last cryptocurrency to offer a potential 1000x return.
He views macro factors like government overreach and economic concerns as favorable for Zcash's growth.
Wang advises investors to accumulate Zcash for the long term rather than trading it.
Privacy in cryptocurrencies, specifically through Zcash, is seen as the last significant opportunity for explosive growth.

Zcash Is The Last Possible 1000x In Crypto, Venture Capitalist Says

Why Zcash Could Be the Final 1000x Opportunity

In a post on X on March 15, Qiao Wang expressed his belief that Zcash might be “the last possible 1000x in crypto.” He attributes this potential to factors such as government overreach, the increasing trend of money printing, a rise in socialism, and the looming threat of quantum computing—elements he identifies as powerful multi-decade trends favoring privacy in digital assets. Wang encourages a strategy similar to that of Bitcoin: "Don’t trade it. Accumulate during periods of apathy and hold it for 10-20 years."

"continue to believe that zcash is the last possible 1000x in crypto. gov overreach, money printing, rise in socialism, quantum. all massive multi-decade tailwinds. as with btc, don’t trade it. accumulate during periods of apathy and hold it for 10-20yrs." — qw (@QwQiao) March 15, 2026

Wang's rationale focuses on the concept of scale. Building on his earlier assertions, he noted that while there are various assets that could achieve 10x or even 100x returns, a true 1000x requires a significantly larger market presence. This market size is crucial for a long-term re-evaluation and can’t simply be achieved through mere innovation or a compelling narrative.

This point was echoed by Mert Mumtaz, the CEO of Helius Labs, who referenced a privacy-focused thesis he shared last November, titled “The Last 1000x in Crypto: A Privacy Thesis.” He asserted that Bitcoin initially faced three key challenges: legitimacy, programmability and scale, and privacy. While Bitcoin successfully addressed legitimacy and Solana/Ethereum tackled programmability and scale, Mumtaz believes privacy is the last hurdle.

He suggested that while programming and scaling improvements will continue, they are unlikely to yield another 1000x increase. Instead, he sees the privacy aspect as the only frontier remaining with the potential for substantial upside.

So, why focus on Zcash specifically? The discussion shifted from technical details to the importance of credibility in the cryptocurrency community. Awa Sun Yin, co-founder of Anoma and board member at Shielded Labs, recounted a rumor circulating last year about an influential person advocating for Zcash due to its privacy features in political discussions about Bitcoin.

This anecdote emphasized a significant point: the credibility of Zcash as a privacy-focused cryptocurrency, making it a more believable recommendation than other privacy coins like Monero.

At the time of writing, Zcash was valued at $231.59.

Zcash price chart
ZEC hovers below the 0.618 Fibonacci level | Source: ZECUSDT on TradingView.com