AllianceDAO Co-founder: ZEC Could Become a Hedge Asset for BTC, With Aggressive Expectations Reaching 20% of BTC Market Cap

Odaily reported that Wang Qiao, co-founder of AllianceDAO, stated on platform X that Zcash has the potential to serve as a hedging asset for some Bitcoin holders. A relatively conservative target is for ZEC's market cap to reach approximately 3% to 5% of Bitcoin's, meaning BTC holders would rebalance a portion of their holdings into ZEC for risk hedging. A more aggressive expectation suggests that ZEC's market cap ratio to BTC could reach 15% to 20%, analogous to silver's market positioning relative to gold.

Additionally, Wang Qiao's analysis also proposed an extreme "flippening" scenario. If Bitcoin were to encounter a major systemic risk event, such as black swan factors related to Michael Saylor or the threat of quantum computing, ZEC could potentially see a further significant increase in market share. However, this scenario is described as a low-probability event.