- Zcash leads with a 30.32% price surge, highlighting privacy coin demand.
- Bittensor and Litecoin show strong growth, attracting investor attention.
- Stable growth for Filecoin and Chainlink reflects investor confidence.
The crypto market has experienced a rally, with several crypto gainers showing large price increases over the past 24 hours. Among the top performers, Zcash (ZEC) has emerged as the leader with a 30.32% surge in its price. This surge, along with a large increase in trading volume, shows the growing investor confidence in the crypto space.
Zcash (ZEC) has claimed the top spot among crypto gainers, with a 30.32% increase in its price, now trading at $232.52. This surge is accompanied by a large increase in trading volume, which has surpassed $1.48 billion in the last 24 hours. The rise in Zcash’s value is part of a broader trend, as privacy-focused cryptocurrencies gain traction. This positive price movement underscores the growing demand for assets that prioritize transaction security and anonymity in an increasingly digital world.
Bittensor and Litecoin Among Other Notable Crypto Gainers
Bittensor (TAO) follows behind, with a 14.07% price increase, reaching $368.18. With a trading volume of $196.39 million, Bittensor has captured the attention of investors seeking growth in the blockchain sector. Litecoin (LTC), another well-established cryptocurrency, has also recorded gains, rising by 11.63% to a price of $129.26. Litecoin’s consistent performance is supported by a healthy trading volume of $2.03 billion, showing its continued appeal to investors in the digital asset market.
Source: CoinMarketCap
Beyond Zcash, several other digital assets have also experienced price increases. Starknet (STRK) has posted a 10.40% gain, bringing its price to $0.1722. Ethereum Classic (ETC) has seen a 5.88% rise, now trading at $19.96. These gains indicate a broad market trend, where investors are willing to engage with smaller but promising cryptocurrencies.
Uniswap (UNI) has risen by 5.61%, currently priced at $8.16, while NEAR Protocol (NEAR) has increased by 5.32%, now trading at $3.00. These gains highlight the ongoing interest in decentralized finance (DeFi) projects, demonstrating the market’s belief in blockchain-based financial systems as the future of digital transactions.
Filecoin and Chainlink Remain Stable Among Crypto Gainers
Filecoin (FIL) and Chainlink (LINK) have also demonstrated consistent price growth. Filecoin has increased by 4.66%, rising to $2.36, while Chainlink has risen by 3.74%, trading at $22.48. These crypto gainers, though not as explosive as others, highlight the stability of well-established projects in the crypto market. Their steady growth reflects investor confidence in their long-term viability.
Other cryptocurrencies, including Curve DAO Token (CRV), Algorand (ALGO), and Optimism (OP), have all recorded modest gains, ranging from 3.09% to 3.64%.
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About the Author: Peter Mwangi
