Gemini Co-Founder Says Zcash Buzz Echoes 2019 Crypto Market

The comparison is less about Zcash's price than about where attention sits in the cycle: privacy coins tend to draw scrutiny precisely when institutional custody and compliance infrastructure are being built out. Gemini's own history with Zcash — trading and custody since its New York approval — makes the remark a signal about regulated venues rather than a market call. The open question is whether privacy assets can hold institutional interest without inviting the regulatory friction that historically followed such rallies.