ZCash (ZEC) Performing Better than Ripple’s (XRP) and Stellar (XLM) – Crypto Recorder


Stellar (XLM) acquired a bullish rate of progress during the last week when XLM even made it to the list of top five trading currencies. Ripple’s XRP was next in line with over 8% of gains earned in the course of only several days aside from Stellar collecting nearly 13% of rises within the same timeframe.

However, the market is once again turning bearish on the cryptos; however, ZEC is somehow managing to provide the needed level of resistance against the negative market trend, ascending as a top gainer at the current moment on November 13th.

At the same time, all of these cryptocurrencies are said to be direct or indirect candidates in the case of Ripple’s XRP, candidates for Coinbase listing.

Coinbase Listing Craze: ZCash and Stellar Directly Mentioned for Listings, Ripple Still to Confirm their Submission for XRP

Coinbase shared an announcement back in July where the representatives from one of the biggest and most popular exchanges in the market stated that they are considering several assets for new listings.

Previously, we have seen two of the mentioned digital assets, 0x (ZRX) and Basic Attention Token (BAT) getting their own listings on Coinbase to match the new policy of the exchange.

Some of the mentioned assets were also Stellar Lumens (XLM), one of the fastest and most progressive cryptos in the market, as well as ZCash (ZEC), which is one of the most popular and most functional privacy coins.

However, the change of the policy on Coinbase regarding new listings additionally included the possibility that we might also see XRP getting a listing in the near future. Since the new policy allows submissions of listing requests, it will depend on Ripple Labs whether or not they will attempt to get a listing on Coinbase.

XRP, although criticized in the past for its alleged centralization, still matches the requests in the digital asset framework imposed by Coinbase, which means that Ripple’s XRP might also get listed on the exchange once the announced Stellar and ZCash listings are officially confirmed.

However, despite the fact that all of these assets are due to get a listing, with only XRP being brought to question, ZCash appears to be outperforming the 3rd and the 5th largest crypto assets with the latest change in the market.

ZCash (ZEC) is Outperforming Stellar (XLM) and Ripple’s XRP

Even though Stellar made a terrific transition from its ranking to the list of top 5 trading currencies with nearly 13% of gains in the course of several days, followed by XRP with 8% of gains for the week as seen previously on November 11th, ZEC seems to be outperforming these assets with the recent change of trends.

ZCash is currently seen going up outside the current trends and collecting nearly 5% of gains against the fiat. This brings ZEC to the weekly gains of 6%.

Additionally, Stellar is now dropping by almost -3% in the last 24 hours, losing on its weekly gains as previously recorded by 13%, now showcasing 5% of growth for the last week.

Ripple’s XRP is showing a bullish resistance in the last hour at the time of this writing, so we can see it by over 3% up against the fiat. However, the previous case of declining to the weekly loss of nearly -2% whereas XRP was showing 8% of progress for the week only two days ago.

However, despite the latest case of outperforming other supposed Coinbase listing candidates, ZCash still has to redeem for losing -50% of its value in the course of the last year.

Stellar and Ripple’s XRP on the other hand, are showing indisputable gains on their year to date charts, where XLM is up by almost 800% in the course of the last year and XRP is going up on its YTD chart by 156% still keeping its value above the price of 0.50$ per one XRP.

Furthermore, whichever of the mentioned cryptocurrencies get to see a Coinbase listing first in line, the listed asset will most probably get to see a price spike on the official date of the listing as it was the case with all Coinbase listed cryptos by far.

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