As a cryptocurrency enthusiast, I'm curious to know about the current standing of ZEC coin in the broader market. Could you elaborate on its ranking in terms of market capitalization, daily trading volume, and perhaps its popularity among investors and traders? Is ZEC positioned as a top-tier cryptocurrency or is it more of a niche player in the space? Understanding its positioning in the market hierarchy would greatly aid in evaluating its potential for growth and investment opportunities.
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    BonsaiLife
    Tue Jul 02 2024
   
  
    Currently, the market cap of Zcash stands at $402,301,043, indicating a significant amount of capital invested in the coin.
  
  
 
            
            
  
    
    Chiara
    Tue Jul 02 2024
   
  
    This market cap ranking places Zcash at #206 on CoinGecko, a popular cryptocurrency tracking platform.
  
  
 
            
            
  
    
    SsangyongSpiritedStrength
    Tue Jul 02 2024
   
  
    Zcash (ZEC) is a cryptocurrency that utilizes advanced privacy features to ensure anonymity for its users. 
  
  
 
            
            
  
    
    CryptoGuru
    Tue Jul 02 2024
   
  
    The position of Zcash in the market cap rankings is subject to change based on its price movements and the overall performance of the cryptocurrency market.
  
  
 
            
            
  
    
    Sara
    Tue Jul 02 2024
   
  
    As a UK-based cryptocurrency exchange, BTCC provides a range of services for cryptocurrency investors. These include spot trading, futures trading, and wallet management for various digital assets.