According to HTX market data, on November 1st, the privacy token ZEC was trading at $420, up 17.3% in the last 24 hours and 52% in the last 7 days. Its surge began on October 1st when renowned Silicon Valley angel investor Naval stated that "ZCash is insurance against Bitcoin," and his recommendation has since resulted in a 472% increase. BitMEX co-founder Arthur Hayes has also been frequently recommending ZEC recently, stating on October 30th that "nothing can stop this train, ZEC will rise to $10,000," and again yesterday, predicting a break above $400. With ZEC's continued rise, the total market capitalization of the privacy token sector has reached $22.7 billion, up 7.3% in the last 24 hours, with a trading volume of approximately $2.4 billion. The following tokens have performed exceptionally well: Dash is currently trading at $55.43, with a market capitalization of approximately $692 million, up 22.2% in the last 24 hours; XMR is currently trading at $331.6, with a market capitalization of approximately $6.12 billion, up 3.6% in the last 24 hours; and LTC is currently trading at $95.49, with a market capitalization of approximately $7.29 billion, up 2.2% in the last 24 hours.