Zest Protocol Token Surges Over 100% After Multiple Exchange Listings

1 hour ago 2 sources neutral

Key takeaways:

  • Trading volume 4x market cap signals speculative frenzy, not sustainable accumulation.
  • Exchange listings spotlight surging demand for Bitcoin-native DeFi, a high-beta nascent subsector.
  • After 100% pump, acute profit-taking risk warrants monitoring EMA breakdowns for reversal signals.

The Zest Protocol (ZEST) token experienced a dramatic price surge of over 100% in the past 24 hours, fueled by a series of high-profile exchange listings. The token skyrocketed to a local high of $0.1665 before settling around $0.1637, with trading volume exceeding $105 million.

The rally was ignited by the token’s debut on Binance Alpha, followed by spot listings on KuCoin and HTX. In a further boost, DigiFinex, a global exchange, announced a strategic partnership to list ZEST, aiming to expand access for larger crypto investors and enhance liquidity.

Zest Protocol is a DeFi platform built on the Bitcoin blockchain, enabling users to earn yield on their BTC and borrow against holdings without selling. The project's open-source smart contracts facilitate on-chain lending pools, unlocking Bitcoin's utility in the decentralized finance space.

As of press time, ZEST's market capitalization stood at approximately $23.5 million, with a circulating supply of 150 million tokens. The token has maintained bullish momentum, holding above major exponential moving averages (EMAs) during pullbacks, supported by strong trading volume and rising community activity.

The listings on Binance Alpha, KuCoin, HTX, and now DigiFinex signal growing confidence in Bitcoin-based DeFi tokens and could potentially drive further adoption of the protocol.

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