Zcash, Decred And ZKsync Outperform As Traders Revive Privacy Tokens
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- Zcash led the move with a 64% weekly rise to about $625 on $1.8B volume and fresh calls for $750.
- Decred added triple digits on a wedge breakout, with traders watching $210 next.
- ZKsync’s token climbed 139% after its new tokenomics model drew in speculators, while sector volume for privacy names rose 5.4% to $7.9B.
Several privacy-oriented and zero-knowledge tokens outpaced the broader market over the past week, led by Zcash (ZEC), ZKsync (ZK), and Decred (DCR). While market leaders Bitcoin and Ethereum continue to disappoint investors, these altcoins are attracting massive attention across social channels.
Zcash Ignites the Rally
Zcash (ZEC) has been the week’s standout performer, soaring over 64% in the past seven days to trade around $625.19. The coin added another 21% in the last 24 hours, supported by over $1.8 billion in trading volume.
The rally wa…
Read The Full Article Zcash, Decred And ZKsync Outperform As Traders Revive Privacy Tokens On Coin Edition.
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