Ethereum Classic jumped 5.55% to $8.58 on April 5, topping the gainers chart as several altcoins advanced, according to CoinGecko data. ETC’s market cap stood at $1.34B, putting it ahead of smaller-cap risers on the day. On the downside, MemeCore led decliners with a 5.16% slide to $2.56, setting the tone for a mixed session.
Gainers
Ethereum Classic (ETC) rose 5.55% to $8.58, bringing its market cap to $1.34B. The network is the original Ethereum chain that continued after the 2016 DAO split, maintaining proof-of-work and EVM compatibility. ETC supports smart contracts and dapps while emphasizing immutability and a conservative upgrade cadence. The move put ETC at the front of large-cap alt performers on the day.
VeChain (VET) gained 5.36% to $0.007458, with a $641.15M market cap. VeChain targets enterprise supply chain and provenance tracking via its dual-token design (VET for value transfer and VTHO for gas). No specific news has been tied to the move. The uptick extended a modest rebound in enterprise-focused names.
Zcash (ZEC) advanced 4.75% to $246.43, valuing the privacy coin at $4.10B. Zcash enables shielded transactions using zero-knowledge proofs, offering selective disclosure for compliance needs. The asset’s liquidity profile often amplifies daily swings relative to broader large caps.
PancakeSwap (CAKE) added 4.43% to $1.41, pushing its market cap to $482.16M. PancakeSwap is a leading DEX on BNB Chain, with CAKE used across staking incentives and protocol governance. Traders pointed to broader altcoin rotation, which tends to benefit liquid DEX tokens during risk-on pockets. CAKE’s jump tracked steady spot volumes in major BNB Chain pairs.
Provenance Blockchain (HASH) climbed 4.19% to $0.0114, reaching a $644.55M market cap. Provenance is a financial-services-focused chain used for asset origination and servicing, with HASH as its native token. Desk chatter cited renewed interest in real-world asset tokenization narratives, where Provenance has long positioned itself. The gain put HASH slightly ahead of mid-cap peers on the day.
Losers
MemeCore (M) fell 5.16% to $2.56, with a $4.49B market cap. The token’s pullback followed a period where higher-beta names outpaced majors, leaving room for a sharper retrace. The decline made M the session’s worst performer among tracked large caps.
Worldcoin (WLD) slipped 3.38% to $0.2565, cutting its market cap to $829.92M. Worldcoin backs a proof-of-personhood initiative tied to Tools for Humanity, pairing an iris-based identity system with a crypto token and governance. WLD’s drawdown came as sentiment cooled in identity-adjacent tokens after recent strength.
Artificial Superintelligence Alliance (FET) dropped 2.97% to $0.2301, bringing its market cap to $519.65M. The asset represents the AI-focused alliance associated with Fetch.ai and partners, a consolidation narrative that has linked multiple AI projects under one banner. FET’s decline tracked a soft patch in AI-linked tokens that had rallied on narrative flows earlier this year.
Stable (STABLE) declined 2.86% to $0.0270, taking its market cap to $580.31M. Despite the name, STABLE trades at $0.0270 and can exhibit outsized percentage moves on relatively small absolute price changes. The session’s dip reflected continued two-way trade in lower-priced altcoins.
Midnight (NIGHT) eased 2.77% to $0.0421, with a $700.02M market cap. Price action in NIGHT has been choppy in recent weeks, and the token’s low handle leaves it sensitive to incremental order flow. The slide rounded out a day where several mid-caps ceded ground after early-week gains.
Market Outlook
The day’s dispersion was clear: the top gainer, Ethereum Classic, rose 5.55%, while the biggest loser, MemeCore, shed 5.16%. Moves in mid-caps clustered in a narrower band, with VET up 5.36% and NIGHT down 2.77%, pointing to selective risk-taking rather than a broad beta surge.
Into the new week, watch whether altcoin rotation persists and if liquidity supports follow-through in DEX and RWA-linked names after CAKE and HASH advances. Macro prints and Bitcoin’s spot range will set the tone; sustained BTC stability typically dictates how long these pockets of alt strength can run.
