Back

Zcash Jumps 11.7% to $713.71, Overtakes WBT in Market Rankings

CoinGecko data shows ZEC now ranks 15th among cryptocurrencies with a market cap of $11.76 billion following its recent price surge.

WBT
ZEC

Summary

Zcash (ZEC) surged 11.7% in the past 24 hours to $713.71, pushing its market capitalization to $11,764,966,506, according to CoinGecko. This increase moved ZEC past Wrapped Bitcoin (WBT) into the 15th position among cryptocurrencies by market value.

Terms & Concepts
  • Zcash (ZEC): A privacy-focused cryptocurrency that uses advanced cryptography to provide optional anonymous transactions.
  • Market Capitalization: The total value of a cryptocurrency, calculated by multiplying its current price by the circulating supply.
  • CoinGecko: A cryptocurrency data aggregator providing market rankings, price charts, and statistics.