Zcash Dips Near $1,300 as AlphaPepe Awaits Major Exchange Reveal
Zcash (ZEC) has seen a notable decline, slipping toward the $1,300 mark after a strong rally in September that pushed its price above $1,650. The recent pullback reflects weaker institutional demand and profit-taking, with traders now digesting the shift in momentum. The U.S.-listed spot ETF for Zcash recorded roughly $93.6 million in weekly net outflows, signaling a cooling phase for the cryptocurrency.
Meanwhile, AlphaPepe (ALPE) is building anticipation ahead of its fifth central exchange (CEX) partnership reveal, set to happen in just eight days. With four CEX partnerships already announced, speculation is rife about a potential Binance listing, though this has not been confirmed. The countdown to the reveal is driving interest, as buyers aim to enter before the exchange name becomes public.
AlphaPepe's presale continues to gain traction, with Stage 21 currently live and ALPE priced at $0.03237. The project has raised over $2.88 million and is nearing 12,300 holders, with more than 100 new holders joining daily. The upcoming CEX reveal adds urgency for potential buyers, as waiting could mean paying more once the exchange partnership is announced.
The contrast between Zcash and AlphaPepe is stark. Zcash offers established liquidity and a public chart, while AlphaPepe presents an opportunity to enter before its first public exchange listing. With execution backing its sales story and an ex-Shibarium developer involved, AlphaPepe is positioning itself as a compelling choice for retail buyers looking to get in early.