Alliance DAO co-founder bullish on ZEC: expects it to reach $5,000 to $20,000 by the end of this cycle

BlockBeats news, November 11: Alliance DAO co-founder QwQiao posted that he expects ZEC to reach $5,000 to $20,000 per coin by the end of this cycle, and criticized short sellers for claiming victory based on just a single $300 price swing.

He believes that rather than frequently trading around 5-minute candlesticks, it is better to build long-term investment logic for quality assets and seek potential returns of 10 to 100 times through holding.