Crypto Market Movers in the Last 6 Hours: ZEC, DCR, PEPE
ZEC (Zcash) +13.84%
Zcash (ZEC) is a privacy-focused cryptocurrency known for its shielded transactions that enhance user anonymity. Recently, ZEC has seen significant price action on major exchanges like Binance and Bitget.
#ZEC surged notably after its listing on Bitget and a $1 billion trading volume milestone, pushing the price up by 12% within days. The token’s price fluctuated between $331.23 and $353.99 in the last 16 hours, reflecting strong buying interest. This momentum is partly driven by renewed demand for privacy coins amid growing concerns over digital privacy.
Given the current bullish sentiment and volume surge, ZEC’s price could continue to rise in the short term, potentially testing resistance near $360. However, traders should watch for profit-taking as the token approaches previous highs around $394.50.
DCR (Decred) +8.79%
Decred (DCR) is a governance-focused cryptocurrency that emphasizes community input and hybrid consensus mechanisms. It recently experienced a volatile price movement amid broader market fluctuations.
#DCR saw a sharp pullback of 17.24% to $33.26 after an impressive weekly rally fueled by increased interest in privacy-centric assets. Despite this short-term dip, DCR had surged close to 100% in the past 24 hours during a crypto market downturn, highlighting its resilience and appeal as an under-the-radar altcoin.
The recent correction suggests some profit-taking but the underlying fundamentals and community support could sustain upward momentum. If DCR maintains above key support levels near $30, it may resume its upward trajectory toward previous highs.
PEPE (Pepe Coin) +4.72%
Pepe Coin (PEPE) is a meme-inspired token that has attracted speculative interest but remains highly volatile. Its recent price movements reflect mixed market sentiment.
#PEPE declined by 2.31% over the last 24 hours despite an overall modest rise of 3.27% earlier, indicating short-term selling pressure. Price forecasts suggest a potential drop of nearly 25% by early January 2026, highlighting bearish technical indicators and waning hype around meme tokens.
Given these signals, PEPE is likely to face downward pressure in the near term unless renewed catalysts emerge. Caution is advised for traders expecting sustained gains beyond current levels around $0.053.
