PEPE Drops 18.5%, ZCash Gains 40%, and $100M Zero Knowledge Proof Infrastructure Transforms Crypto Launches
PEPE Price Performance: PEPE's price is struggling near a crucial support level, having dropped 18.5% over the past week, with limited volatility and low buying pressure indicated by technical indicators.
ZCash Price Surge: ZCash (ZEC) has experienced a significant 40% increase in price, breaking out of a consolidation phase against Bitcoin, which has boosted its market cap to approximately $11.14 billion.
Zero Knowledge Proof (ZKP) Launch: ZKP is preparing for its market entry with a unique self-funding model of $100 million, emphasizing transparency and fairness by avoiding private investors and offering equal access through an Initial Coin Auction.
Market Outlook: The crypto market shows mixed signals, with PEPE's weakness contrasting ZCash's strength, while ZKP is positioned as a promising project due to its innovative funding and launch strategy.
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