ZEC Token Surges 12% Amid Bitget Listing and $1B Trading Volume, Signaling Momentum Shift

ZECUSDT experienced a 12.12% price increase in the last 24 hours, with the current price at 394.50 USDT on Binance. The recent uptick in volatility and price movement is primarily attributed to Zcash's listing on Bitget, which sparked heightened market activity and attention toward privacy-focused cryptocurrencies. Active trading participation, observed both on Binance and other platforms, contributed to increased trading volume exceeding $1 billion. Technical analysis notes the formation of higher-low structures and breakout zones, indicating a possible shift in momentum despite the prevailing bearish trend. The market remains volatile, with ZEC's circulating supply at approximately 16.42 million and resistance observed near the 380–390 USDT range. Recent recovery attempts are notable, but the dominant short-term trend continues to reflect significant caution among traders.