Zama Protocol (ZAMA) surged over 27% in 24 hours, leading the privacy sector with daily volume up 185% to $100 million. The market cap stands at $110.38 million, while the fully diluted valuation reaches $564 million, five times higher. A whale purchased 28 million ZAMA in two days, accumulating 98.18 million tokens ($3.93 million) over 125 days, while institution Multicoin Capital is also building positions. The token hit a new all-time high of $0.05171 but faces selling pressure from daily unlocks of 4.06 million tokens, with potential retracement toward $0.045.
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