Yes, that's accurate — Zcash (ZEC) has had a dramatic run and pulled ahead of Dogecoin in market cap.
What happened:
ZEC climbed from roughly $16 to above $1,000, briefly overtaking Dogecoin by market cap after Grayscale's spot ZEC ETF launched in August, a gain of over 6,300% from its 2024 lows. (Crypto Briefing)
It's kept climbing since — ZEC's market cap just reached $20 billion, surpassing the likes of HYPE and DOGE, briefly exceeding $1,200 for the first time in almost 10 years.
This made Zcash the 10th-largest cryptocurrency by market cap, moving it behind major assets like Hyperliquid, TRON, Solana, USDC, XRP, BNB, Tether, Ethereum, and Bitcoin. (ZyCrypto)#ZEC'sMarketCapSurpassedDOGE
What happened:
ZEC climbed from roughly $16 to above $1,000, briefly overtaking Dogecoin by market cap after Grayscale's spot ZEC ETF launched in August, a gain of over 6,300% from its 2024 lows. (Crypto Briefing)
It's kept climbing since — ZEC's market cap just reached $20 billion, surpassing the likes of HYPE and DOGE, briefly exceeding $1,200 for the first time in almost 10 years.
This made Zcash the 10th-largest cryptocurrency by market cap, moving it behind major assets like Hyperliquid, TRON, Solana, USDC, XRP, BNB, Tether, Ethereum, and Bitcoin. (ZyCrypto)#ZEC'sMarketCapSurpassedDOGE