TRUMP, ZEC, and POL Leave Bitcoin and Ethereum in the Dust

Retail investors on Stocktwits have become extremely bullish about three lesser-known cryptocurrencies, TRUMP, ZEC, and POL, pushing them ahead of Bitcoin and Ethereum in recent gains.

Over the past week, Official Trump (TRUMP) surged nearly 94% to a high of $3.40 before dropping back to around $2.55. Retail sentiment around TRUMP has improved to an 'extremely bullish' zone from the 'bullish' zone.

Polygon's token, POL, also staged a strong breakout, rising almost 50% to $0.11 from $0.075. The key resistance for the token lies between $0.11 and $0.12, while a sustained break above the latter price level could lead to further upside.

Zcash's (ZEC) price has continued to have a sharp rally over the past five days, increasing by roughly 55% from around $510 on Tuesday to around $791 on Saturday. The growing optimism around Grayscale's proposed ZCash ETF has helped the token rally.