Zcash, Altcoins Surge 37% as Short Squeeze Fuels $300M Liquidations
Zcash (ZEC) and several altcoins, including Toncoin and Dash, are experiencing significant price surges today, May 6. This rally is primarily driven by a short squeeze, leading to over $300 million in liquidations across the crypto market. Zcash alone has climbed over 37% in the last 24 hours, marking a 300% gain from its March lows.
Detected & updated continuously · Source: Ruma
Mentioned
Zcash (zec)
Toncoin (ton)
Dash (dash)Sources
@OvoOnoETH
$ZEC is up +37% in last 24h, and no one is talking about it? https://t.co/NWVZtPGdVl
@BithubPl
Zcash (zcash:native) bardzo mocno rośnie na fali wzrostowej krypto i akcji spółek technologicznych. Całkowity zysk od minimów z marca to już 300%. https://t.co/dAmjrbJdBI
@blockchainrptr
Zcash, Toncoin, and Dash are leading today's crypto gainers as a short squeeze pushes over $300 million in liquidations. Here are the top 5 movers on May 6. https://t.co/SBrZ6gUQVr
@modernmarket_
MM in 5 mins! - Saylor Suggests Selling BTC To Inoculate Market - ZEC +40% Pushing Towards $600, S&P ATH - A16z Raises $2.2B Crypto Fund For 5 Stablecoins https://t.co/OLroiN8pOW