TRUMP, ZEC And POL Leave Bitcoin And Ethereum In The Dust – Is An Altseason On The Way?

Official Trump (TRUMP) was the clear outperformer, peaking at nearly 100% before giving back much of those gains and settling in around 55% higher on Saturday. But it was not the only one rallying! Along with the TRUMP token, Zcash (ZEC) gained around 30%, briefly reaching around 35%, whereas Pol (POL) also gained around 30%, reaching a similar high. All these tokens outperformed Bitcoin (BTC) and Ethereum (ETH) in terms of daily gain.TRUMP Leads The Rally jumped from about $1.75 to a high of around $3.40, a gain of almost 94% in the past week. While the token has plunged back and was trading at about $2.55, the move saw a quick break above $2.50, a subsequent spike above $3, and a lot of profit taking, leaving the token well below its peak.TRUMP was the top trending ticker on Stocktwits. Retail sentiment around TRUMP improved to an ‘extremely bullish’ zone from the ‘bullish’ zone, while chatter rose to ‘high’ from ‘normal’ levels over the past day.POL Breaks Out As Bulls Target $0.12 Resistance, has also staged a strong breakout over the past seven days, rising nearly 50% to $0.11 from $0.075. The token traded largely sideways near $0.08 for several days before momentum picked up, first pushing its price above $0.09 and then sharply breaking through to $0.12.POL has been seeing a strong bullish breakout on the daily chart. The move has also taken the token well above its 9-day SMA at $0.08, confirming a strong ramp up in immediate momentum. The key resistance for the token lies between $0.11 and $0.12, while a sustained break above the latter price level could lead to further upside.On Stocktwits, retail sentiment around Polygon remained in the ‘bullish’ zone, while chatter stayed at ‘high’ levels over day.Bulls Push ZEC Toward $800, on the other hand, has continued to have a sharp rally over the 5 days, searching from around $510 on Tuesday to around $791 on Saturday, roughly a 55% increase in its price.First up, the first major breakout for ZEC came late on August 19, as the token popped above the $540 and headed toward the $580 mark, with a noticeable jump in its trading volume. At the time of writing, Zcash was trading at $791.03, down only 0.30% on the latest 5-minute candle. The token pulled back from its intraday high but was still trading significantly higher than at the beginning of the five-day period.ZEC was one of the top trending tickers of Stocktwits. Retail sentiment around ZEC remained in the ‘extremely bullish’ zone over the past day, while chatter improved to ‘extremely high’ from ‘high’ levels.The growing optimism around Grayscale's proposed Zcash ETF has helped the token rally, with the latest SEC filing showing potential interest from DCG International Investments in buying exposure to roughly 200,000 ZEC worth approximately $158.2 million, as of writing.