Privacy Coins and Memecoins Surge While Broader Market Stays Quiet

Santiment reported sharp gains in two specific corners of the altcoin market. Monero climbed 17 % over the past week, while Zcash rose 5 % in a single day. Among meme tokens, Pepe gained 9 % and M added 14 %.

The privacy-coin move follows fresh updates to Monero’s features and upcoming network improvements for Zcash. Memecoins, meanwhile, rebounded after speculative buying resumed once selling pressure eased.

The firm stressed that the activity does not signal a broad market recovery. Large-cap cryptocurrencies remain largely flat, with capital flowing only into high-volatility projects that carry compelling narratives.

Risk appetite among traders has clearly not vanished, yet the narrow concentration of flows raises doubts about how long the current rally can last.

Based on information from cryptonews.net