Zama [ZAMA] reached a new all-time high of $0.092 before pulling back to $0.086, reflecting a 27% daily gain and a 67% weekly surge. The altcoin's market capitalization crossed $200 million while trading volume jumped 149% to $274 million, indicating heightened market activity.
The price movement coincides with significant capital rotation into privacy coins across the broader cryptocurrency market. Investors have redirected attention toward privacy tokens, including lower-capitalization assets like ZAMA, bringing substantial capital into the token across both spot and futures markets.
Buying activity has remained elevated. On September 19, ZAMA's buy volume reached a record 412.6 million, with a positive delta of 21 million between buy and sell volumes. This pattern continued on September 20, with sustained positive delta suggesting strong buying pressure is maintaining the altcoin's bullish structure.
Supply dynamics have become a focal point for investors. Over 83% of ZAMA's circulating supply—approximately 2.2 billion of 2.5 billion tokens—is staked. This high staking rate reduces potential selling pressure, meaning relatively modest demand can support upward price movement.
Technical indicators reflect the current uptrend. The Aroon Up line sits at 92%, confirming strong upward momentum, while the Directional Movement Index shows a +DI of approximately 49, suggesting sustained bullish conditions if demand and staking participation continue.
