Zcash Beats Monero and Shiba Inu (SHIB) in Market Cap, Litecoin Now Just $1 Billion Away
The post Zcash Beats Monero and Shiba Inu and another privacy project, Monero (XMR), in market capitalization, with its total figure increasing to $6. 22 billion, or about $382 per coin, after jumping 14. 8% in 24 hours. This crypto rankings shake-up puts ZEC in 21st place globally, just below Litecoin’s $7. 29 billion market cap with a $95 price tag per LTC. Basically, another strong day for Zcash could flip the rankings again, pulling ZEC into the top 20 probably for the first time ever. You Might Also MR was received as a long-awaited victory. Sean Bowe, one of the project’s early engineers, called it “years in the making.” Traders added fuel to the fire, pointing out that ZEC’s exchange float has thinned considerably since the middle of the year, leaving prices hypersensitive to new demand.