With Xmr exploding to all time high, that can only mean a few things.
1. Zec is bound to catch up, and is lagging due to recent resignation news.
(since Zcash is a better tech than Xmr, for those of you who argue otherwise, you can check for yourself)
2. Xmr's price is falling back down, since it cannot sustain a higher valuation than a better protocol (Zec).
that leads to the analysis of how much higher of a valuation of Xmr is to Zec.
Currently, the market cap (not fdv) of Zec is 6.83B while xmr is at 12.85B.
i would argue this leaves a lot of room for margin of safety.
side note:
the fact that Xmr is exploding, it means potential narrative shift to privacy again. ( I think tailwind for privacy is here, not just short term but to stay)
in terms of interest of "privacy" in google search, developed countries are more prevalent. (more potential buying power)
