Alliance DAO Co-Founder Bullish on ZEC: Expects Price to Reach $5,000 to $20,000 by End of This Cycle

BlockBeats news, November 11: QwQiao, co-founder of Alliance DAO, posted that he expects the ZEC price to reach between $5,000 and $20,000 by the end of this cycle, criticizing short-sellers for declaring victory based solely on a single $300 price fluctuation. He believes it's better to establish a long-term investment rationale for high-quality assets rather than frequently trading based on 5-minute K-lines, aiming for potential returns of 10 to 100 times through holding.