Dash and Zcash Prices Rise Despite Market Drop
Privacy-focused cryptocurrencies Dash (DASH) and Zcash (ZEC) are rising while the cryptocurrency market falls. On Tuesday, Dash gained 68% and Zcash rose 21% in 24 hours. Over the past week, Dash grew 201.5% and Zcash 43%, according to CoinGecko data.
The total market value of Dash is $1.78 billion. Zcash’s market cap is $7.78 billion. Both coins show strong growth and trader interest.
Trading Volumes Hit New Highs
- Dash’s trading volume reached $1.44 billion on Tuesday, highest since May 2021.
- Zcash’s trading volume also rose to $1.35 billion, increasing since late September.
This rise in trading shows better liquidity and positive momentum for these coins.
Privacy Coin Market Cap Passes $25 Billion
The total market cap for privacy coins passed $25 billion on Tuesday. This is notable since Bitcoin slipped below $107,000 at the same time.
According to Artemis data, privacy coins returned nearly 80% in the last month. This performance beats the broader crypto market trend.
