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Ethereum Classic, Huobi Token, and Zcash Price Rally

Relatively less popular cryptocurrencies like Ethereum [ETC] are now becoming more controversial. With Bitcoin [BTC] making rounds of gains in the last 3 days, Ethereum Classic [ETC] is nurturing the common touch with decent gains.

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Having gained around 6% on the last day, ETC is followed by Zcash and Huobi Token [HT], both of which have left investors happy recently.

Below is the list of the crypto markets top performers of the last 24 hours. Some more than others, all featured cryptocurrencies sure left investors with loads of surprises and expectations.

#1. Ethereum Classic (ETC 5.8% Gain):

Ethereum classic comes first in this category as the coin gains almost 6% in the last 24 hours.

Market sentiment for ETC is fairly bullish while traders look forward to higher gains in the short-term.

In the yearly time frame, the coin is up 12.8% and 15% in the last 7 days. ETC made gains in all timeframes except the last hour, when it lost 1.1%.

Ethereum Classic [ETC] is trading at $7.00 as its market cap grows to $816 million.

#2. Zcash (ZEC 3.55% Gain):

For the first time this week, Zcash joins our list of top gainers. The leading cryptocurrency is next on this list has gained around 3.55% within the last 24 hours. 

The coin’s market stance is relatively favorable as traders tend to create long positions in the hope of future profits. 81% of traders are bullish on ZEC. 

Zcash is undergoing some community disruption and has advised node operators to perform a version upgrade to the latest available. This may be part of the reasons for a short term bullish sentiment. 

Within the last year, ZEC is down 18% and up by 22% in the last one month. The coin is currently trading at $61.97 with market cap stabilizing at $595 million. 

#3. Huobi Token (HT 3.25% Gain):

Today is the first day within the last month that Huobi token makes a top spot in a daily gainer’s list. The coin gained around 3.3% in the last 24 hours.

The market remains fairly positive on HT as 40% of traders went against further gains. This may be an indicative of a potential plunge but should be ascertained before further actions are taken.

Huobi Token is down 4.2% since last year while the coin looks good in the one-month timeframe. Trading at $4.40, its market cap is currently $1 billion.

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Dare Shonubi

Certified cryptocurrency expert and Blockchain journalist covering crypto market analysis and general Blockchain adoption and development.

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