ZEC And TAO Rally on ETFs and Halving

The top 5 daily crypto market gainers today include ZEC, TEL, TAO, CRV, and KCS.
All the top 5 gainers surged between 6% and 10% amid low volatility.
None of the top 20 cryptos by market cap made it to the top 5 daily gainers list.

While Bitcoin consolidates above $92,800, active capital is rotating aggressively into mid-cap assets with specific fundamental catalysts.

Data from CoinMarketCap confirms that Zcash (ZEC), Telcoin (TEL), Bittensor (TAO), Curve DAO (CRV), and KuCoin Token (KCS) emerged as the day’s top performers, posting gains between 6% and 10% to outperform the broader market beta.

Zcash (ZEC)

At the time of writing, data from CoinMarketCap revealed that ZEC, the Zcash ecosystem cryptocurrency, had gained 9.35%, placing it as the highest gainer over the past 24 hours.

The cryptocurrency bounced off a $323.93 low at the beginning of the trading day, surged to a $377.23 local high before retracing to trade for $361.78 at the time of writing. Zcash ranks in the 22nd position by market capitalization, making it one of the top cryptocurrencies in the market.

Telcoin (TEL)

Telcoin’s native cryptocurrency, TEL, is the second-highest gainer over the past 24 hours, according to data from CoinMarketCap. The cryptocurrency, which claims the 90th position by overall market cap ranking, gained 8.20%, making it the second-highest daily gainer in the cryptocurrency market.

TEL’s price trajectory reveals a notable recovery on the daily timeframe following an upside breakout from market open. The cryptocurrency traded for $).006129 at the time of writing, after opening the trading day at $0.005727.

Bittensor (TAO)

The third-ranked cryptocurrency by daily gains is Bittensor (TAO), which traded for $310.62 at the time of writing, according to CoinMarketCap’s data.

TAO opened trading at $286.37, experienced a slight pullback to $277.52 before rebounding. The 32nd-ranked cryptocurrency by market cap traded for $310.9 at the time of writing, reflecting a 7.35% daily gain.

Curve DAO Token (CRV)

Curve DAO (CRV) gained 6.91% over the past 24 hours to climb into the top 5 gainers of the day. CRV traded for $0.4197 at the time of writing, according to CoinMarketCap’s data, reflecting a notable surge from its daily opening price.

The cryptocurrency ranks 86th by market cap, but has displayed significant bullish momentum after surging from a $0.3921 opening price to achieve a 6.91% profit during the period under review.

KuCoin Token (KCS)

KCS, the native crypto of the KuCoin exchange ecosystem, surged 6.69% over the past 24 hours, according to data from CoinMarketCap.

The cryptocurrency maintained a strong rally over the course of the trading day after an opening price of $10.17. KCS traded for $10.88 at the time of writing and ranked in the 51st position according to market cap classification.

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Source: https://coinedition.com/top-crypto-gainers-in-the-last-24-hours-zcash-and-telcoin-lead-the-pack-as-btc-consolidates/