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Wu said that Tushar Jain, co-founder of Multicoin Capital, stated that Multicoin has established a significant position in Zcash (ZEC) since February 2026. He believes that as discussions around wealth taxes and asset confiscation policies increase, market demand for assets with privacy, censorship resistance, and confiscation resistance properties is rising, and ZEC is its core asset to express this view in the open market. Since its low point in February, ZEC has risen approximately 177%, once surpassing $550, and is currently trading at $511.71, with a 24-hour increase of 19.08%.