Zcash is spooking cryptocurrency bears this Halloween, as it is one of the few coins seeing significant gains on Friday. The privacy-focused cryptocurrency rallied 7.75% to $390.75, its highest level since 2018. In comparison, the crypto market’s capitalization fell 2.50% in the same period. ZEC price is up nearly 500% in October, contrasting with the crypto market’s 4.50% loss. What’s behind Zcash’s monstrous comeback? High-profile endorsements have supercharged ZEC’s bullish narrative. The Zcash price began to surge after renowned investor Naval Ravikant called it an “insurance against Bitcoin” in an Oct. 1 post. ... (full story)