Bloomberg Senior ETF Analyst Eric Balchunas warns that Zcash’s rise may negatively impact Bitcoin. Critics accuse Zcash of manufactured hype, with claims of marketing agencies offering paid collaborations. Market analyst Rajat Soni warns of fabricated headlines pushing Zcash to $100,000. However, Winklevoss twins support Zcash, launching Cypherpunk Tech as a Zcash-focused treasury company. They see Zcash as complementary to Bitcoin, excelling in private transactions.

Read more at Cointelegraph: Balchunas Warns Zcash May ‘Split the Vote’ From Bitcoin