We got close to ZEC price again in last days, but did not get ahead. I dont believe Monero was ever more expensive then ZEC so far. This was sort of destined to happen because of the emission. Doubt many here speculated it will not happen this long. Any ideas when Monero will get more expensive then ZEC?
ZEC was pumped from before launch with insider trading on tokens before chain launch and has been artificially held up since. It will die a slow death but it will die as any non trustless system will.
According to that Satis report that's floating around, ZEC will do pretty well.
From their report all crypto currencies that act as a currency will do well. In general I think their report is pessimistic.
After all, this recent bloodbath the price of Monero has resisted well. I remember that for some time it was similar to the LTC. Now it's double. Not that this comparison is worth anything, but it is a simple way to compare.
There was a great fall with the hunt the anonymous coins by the authorities of Asian countries. But in those two weeks besides resisting the falls still rises above average.
Monero is undoubtedly the only anonymous project. Still has several difficulties. But my theory is that some people are selling BTCs from their exchanges in an attempt to escape from KYC and to leave no trace they choose Monero.
This shows that eventually, monero will outperform other projects as the standard currency of those seeking freedom and privacy.
Litecoin got a great competitor in BCH. That for sure influenced LTC price.