After Multicoin managing partner says firm bought the token, urges it protection against wealth taxes, Zcash spikes 30%

Corroborated by 2 sources from 2 publishers

globalgeneral5h ago

TL;DR

Reports differ across sources; according to finance.yahoo.com, zcash led a surge in privacy-focused cryptocurrencies on Wednesday, jumping 37% in the past 24 hours after crypto investment firm Multicoin Capital disclosed that it had built a "significant position" in the privacy coin.

Sources