Crypto Market News: Zcash Rips to a 10 Year High, and Nobody Has Priced Pepeto Yet

The crypto market news this week is a coin the market gave up on ripping 120% in a month. One whale is betting $45 million that it stops. Zcash hit $1,249 on September 6, its highest price since 2016. It is now the ninth largest coin after ranking 82nd a year ago, per The Motley Fool. Yet trader Garrett Jin closed a $105 million Bitcoin bet to short 39,760 ZEC, a trade already down $21.9 million, per BeInCrypto. The coins everyone wrote off move hardest when the market changes its mind. While that story pulls big money into the big coins, something smaller is building right below it. That is Pepeto, a meme presale whose exchange already runs, with more than $10.9 million in from buyers who found it before the market did. Zcash shows what happens when the market finally catches up. Pepeto is the one it has not caught up with yet.

What Is the Biggest Crypto Market News Today?

Zcash is the story, because it crossed $1,000 for the first time in nearly a decade, per Yahoo Finance on September 8. ZEC trades near $1,124 today, up 34% in seven days, with its market value at $20.2 billion. Jin's short, opened near $576, loses more with every dollar ZEC climbs, per BeInCrypto on September 8. So the crypto market news is not really about one coin. It is about a market willing to pay up fast for a story it ignored for years. The next question is which story it has not found yet.

Which Coins Are Winning This Week, and Which One Is Still Cheap?

Why Has the Market Not Priced Pepeto Yet?

Zcash proved the market can be wrong about a coin for years and fix it in a month. Pepeto is the coin it has not fixed yet. At its core, Pepeto fuses meme energy with a working exchange. It runs on its own trading platform, PepetoSwap, live today with a 0.00% swap fee. Chasing a coin like ZEC costs money on every trade, $3 per $1,000 on Uniswap and $2.50 on PancakeSwap. On PepetoSwap the fee is $0.

A trader making 200 trades of $5,000 pays $3,000 on Uniswap and nothing on Pepeto's exchange. Market, limit, and DCA orders are built in, and the exchange never holds your coins. That is the gap between a meme coin and a place people trade every day.

The presale backs that up. It has brought in more than $10.9 million on the way to the stage target, and the price steps up at every new stage. Stages filling this fast mean buyers are no longer chasing memes, they are chasing memes that come with tools. Staking pays 163% APY, reset daily, and you claim it at listing, so the sooner you buy, the longer the rewards run.

Behind it sits a team most presales cannot match. The same cofounder who created the first Pepe coin leads it, and a former Binance expert works on the dev team. SolidProof went through the contracts and ran KYC on the founders, so the contract risk that sinks most presales is off the table. With the Binance listing approaching, Pepeto is lined up for the next meme coin run. That is why buying at $0.0000001893 now beats reading the headline later.

Is Zcash Still a Buy After Its 120% Month?

Zcash trades near $1,124 after touching $1,249 on September 6. Its RSI passed 75 near the top and volume has cooled by half, with $1,064 as the support to hold, per The Motley Fool. A coin that went from 82nd to ninth in a year has already had its recognition moment. The easy money in ZEC belongs to whoever bought it before September.

Is TRON a Buy as the First Staked TRX ETF Lists Today?

TRON trades near $0.3377 as the Canary Staked TRX ETF starts trading on Cboe today, September 9, per The Block. It is the first US fund that holds TRX and stakes it, so brokerage accounts now earn TRON rewards without a wallet. The realistic move from here is a steady climb toward $0.40 as the fund fills, not a ZEC style rip.

Where Does the Crypto Market News Point Next?

Zcash showed the market fixing a mistake in one month. The cofounder of Pepeto showed something bigger, taking the original Pepe coin, with no products and a supply the same size, to $11 billion. Doing it again with a live exchange behind it is not a guess. It is a pattern repeating in the buyer's favor. It is also the crypto market news the headlines will carry once Binance lists it and sets the price. The presale price is still open on the Pepeto official website right now, and it closes before that headline prints. Buying today is how the listing pays you the way September paid Zcash holders, instead of leaving you reading about it.

Go to the Pepeto presale before the stage price steps up

FAQs

What is today's biggest crypto market news?

Zcash, which hit $1,249 on September 6, its highest since 2016. It is now the ninth largest coin while a $45 million short against it loses $21.9 million.

How much has the Pepeto presale raised so far?

More than $10.9 million, from buyers who found it before the market did, like early ZEC buyers. The Pepeto official website still sells today's price until the next stage.