ZAMA surged past 0.1377 USDT after listing on MGBX, with a cumulative increase exceeding 1300%.

According to MGBX spot market data, ZAMA has surged past 0.1377 USDT and is currently trading at 0.1333 USDT, with a 24-hour increase of over 20% and a cumulative gain exceeding 1300%.

Zama is a cryptography company building open-source homomorphic encryption tools for developers. Its homomorphic encryption (FHE) is a technology that allows data to be processed without decryption. This can be used to create privacy-preserving smart contracts on top of public, permissionless blockchains, where only specific users can view transaction data and contract states.