There is discussion about the relative value of investing in Zcash and Pepe, with some outlets comparing Zcash to other cryptocurrencies such as XRP. The price of Zcash has seen some movement, with reports of a rally and a slump, while Pepe's direction is unclear. The overall crypto market has experienced both gains and losses, with Zcash, Pepe, and other cryptocurrencies like Monero and Polkadot being impacted.