Why are TAO, ZEC, and CRV Prices up Today?

The cryptocurrency market experienced a boost on December 4th, with its total market cap climbing to $3.1 trillion. Bitcoin stayed above $92,000, and Ethereum hovered around $3,100.

Although trading volume declined to 143 billion, multiple altcoins registered impressive price gains. Interestingly, there have been substantial gains in the value of TAO, ZEC, and CRV. Let’s uncover why these coins are surging today.

Bittensor Price Soars Ahead of Historic Halving Event

Bittensor price is trading at $300, up by 6%. The upsurge in price comes after the resistance of the $290 price, which is caused by the impending halving of the protocol.

This halving will cut daily reward emissions in half, similar to Bitcoin’s scarcity model. The price trend has triggered the bullish mood as the network is gearing up to its initial halving. And investors anticipate the possibility of a Bittensor price increase towards the recent trend.

Zcash Price Surges With New Bitget Listing

Since early November, the price of Zcash (ZEC) has changed its course, having firstly occupied the first place in the crypto market.

In the last 24 hours, the ZEC price has risen with 7% inversion of its gains in the recent past.

Zcash is currently trading at $351. This upward trend can be explained by the fact that it was listed on Bitget recently, and that is a big milestone, particularly given the fact that privacy coins are usually delisted on exchanges because of regulatory issues.

Curve DAO Sees Growing Market Activity

TAO, ZEC, and CRV: The Curve DAO Token (CRV) has gained by 8% in the last 24 hours, having raised to $0.41.The impetus behind this move is more liquidity and involvement in stablecoin pools.

The use of the token in big liquidity pools is guaranteed to increase its significance. Particularly when traders pay more attention to practical infrastructure of DeFi rather than investment vehicles. The market activity has been stable, and trading volumes are more consistent following a stint of fluctuation.

What Next For TAO, ZEC, and CRV?

TAO, ZEC, and CRV are also on the path to growth as the cryptocurrency market remains on a bull run, fueled by major events and heightened market action.