Why These Crypto Coins Are Soaring Today: DASH, ZEC, and ICP

Crypto coins are witnessing an impressive rebound despite market turbulence. Zcash surged 20% in 24 hours, while ICP jumped 35%. DASH outperformed, soaring 60% daily and 170% weekly. However, the broader market remains under pressure, sliding 4.42% in a day and 17% this month. Rising liquidations continue to cloud the overall crypto outlook.

Crypto Coins See Major Gains Today: DASH Leads the Way

DASH price has seen a significant rise, reaching $136, with an impressive 290% increase this month. The rise is mostly triggered by the increased demand for privacy-focused crypto coins, with the purpose of on-chain anonymity and financial freedom becoming more popular.

Recent additions of DASH to the decentralized exchange Aster on November 2 are one of the essential causes of the price increase. The impact of this event has been the renewed confidence among the investors and trading activities that have helped the overall momentum of the market.

Why is ZCASH Price Up Today?

Zcash price surged to $474, continuing its impressive 30-day rally of +195%, even as the broader crypto market dipped. The peak has been greatly driven by rising attention of prominent figures like Arthur Hayes, who has projected a range of prices between 10 K and 20 K of Zcash, and Naval Ravikant, who regards Zcash as insurance against Bitcoin.

Moreover, the anticipation of a significant decrease in block reward of about 3.125 to 1.5625 ZEC to be realized through an imminent halving of the block reward in November 2025 has contributed to the bullish mood. Breakout of major price levels has also caused short sellers to close positions.

Internet Computer (ICP) Price

Internet Computer (ICP) experienced a remarkable surge in the past 24 hours, with its price soaring by over 30%. The upward movement was triggered by a technical breakout, which saw ICP clear crucial resistance levels and spark short liquidations. 

Additional momentum behind this rally is an increasing ecosystem, such as prominent AI and DeFi integrations, and subnet upgrades. The increase in the crypto market sentiment is realized in the trading volume of ICP, which has reached its highest level in the past 1.5 years, a net of 63.22%, of 764.55 million.

In conclusion, the Crypto coins such as DASH, ZEC, and ICP are recording high gains in the face of the widespread market convulsions. BTC, SOL, and ADA are on a downward trajectory, but DASH is surging due to the increased popularity of privacy coins, ZEC is riding the upcoming halving hype, and ICP is rising as a result of ecosystem expansions and technical breakouts.