Altcoins Surge: ZEC Leads With 47% Rally Amid Wider Market Gains
ZEC led an altcoin rally on Friday, rising 47% in 24 hours to $827.02, according to CoinGecko data.
This move made Bitcoin Cash's 31.4% gain look tame by comparison. BCH reached $299.49 and ADA climbed 19.0% to $0.2563 during the rally.
The buying was not concentrated in one sector or narrative, hitting payments coins, layer-1 tokens, a meme asset, an oracle network, and a privacy chain.
Experts caution that ZEC's move is the real outlier, with a 47% daily increase raising questions about thinner order books and short-term positioning.