THELOGICALINDIAN - Binancethe worlds better digitalasset barter by traded amount has appear the advertisement of ZenCash ZEN today alone to see the currencys arrangement afflict due to a amount pump which led the abettor to adjourn the advertisement until their blockchain is abiding ZEN is currently trading at the 40 breadth and Binanceis about to account the agenda bill on its platform
ZenCash Jumps 50% Ahead of Binance Listing, Operator Postpones
Binance, a cryptocurrency trading belvedere originally from China that is planning to barrage a decentralized barter in the advancing months, was about to account ZenCash (ZEN) at 2025/05/23 05:30 AM (UTC). A consecutive amount pump acquired aerial bottleneck on the network.
During the advertisement period, which alone lasted two hours, ZEN jumped from $33 to the $50 mark, a accretion of added than 50%. Most trading volumes happened for ZEN/BTC at Bittrex (over $17 million) and Upbit (over $12 million). Binance was aperture trading for ZEN/BNB, ZEN/BTC, and ZEN/ETH pairs and accustomed users to alpha depositing ZEN in alertness for trading.
Two hours later, the aggregation founded in 2017 by Changpeng Zhao appear the cessation of the advertisement in a statement:
“Due to aerial bottleneck on the ZenCash network, Binance will adjourn the advertisement of ZenCash until their blockchain is stable. We will accumulate ZEN deposits accessible and accommodate a added advertisement above-mentioned to listing. Thank you for your understanding.”
Binance released a new account announcement it will accord it addition try at 07:30 AM (UTC).
“As the ZenCash arrangement is now stable, Binance will accessible trading for ZEN/BNB, ZEN/BTC and ZEN/ETH trading pairs at 2025/05/23 07:30 AM (UTC).”
The fee anatomy of ZenCash on Binance includes a transaction fee of 0.002 ZEN and a minimum abandonment of 0.004 ZEN. The minimum bulk of trading for ZEN/BTC is 0.000001. As an end-to-end-encrypted arrangement with zero-knowledge technology, ZEN combines the adeptness for transactions, communication, and aggressive governance, in a defended and bearding way. ZenCash is an change of the Zcash codebase.
Trading about $42, ZenCash is now baronial #89 in the top cryptocurrencies by bazaar capitalization, according to coinmarketcap.com, afterwards accepting its bazaar aggrandized to $190 actor from $135 actor in a brace of hours. Prior to the amount pump, the agenda bill wasn’t alike listed on the top 100 bill by bazaar cap.
ZenCash is the better champ in the aftermost 24 hours, with abutting to 40% gains, followed by Bitcoin Private ( 7.09%), MaidSafeCoin ( 2.41%), and MonaCoin ( 2.15%). The all-embracing bazaar is bottomward today. Bitcoin trades beneath the $8,000 band and is bleeding about 5% of its value. Ethereum is accident 8.63% of its amount and Ripple is bottomward by 5.81%.
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