---
title: "Why did Anoma go up 18.7% on October 28, 2026?"
language: en
canonical: "https://whycoinmoves.com/en/coins/anoma/2026-10-28"
date: 2026-10-28
---

# Why did Anoma go up 18.7% on October 28, 2026?

A Zcash wallet launch linked to Anoma may have renewed interest, while derivatives positioning could have amplified the rise. Neither is confirmed as the cause. On October 28, 2026 (UTC), XAN went from about $0.010143 to $0.012041 (+18.71%) on Gate · USDT, trading between $0.009396 and $0.013248. XAN largely moved with the market. XAN rose further than this on 1 of the past 29 days. No XAN report was collected from the day before to the day after; the cause is unresolved. Since 2025-09-29, XAN has risen 15% or more in a UTC day 14 times on Gate · USDT daily closes, counting moves within 7 days of each other once. Seven days later it was higher in 2 of 13 cases, with a median change of -19.67%. This is history, not a forecast.

## What may be driving the move

A Zcash wallet launch linked to Anoma may have renewed interest, while derivatives positioning could have amplified the rise. Neither is confirmed as the cause.

- trigger · medium: On Oct 27, 08:55 UTC, a report described Zillions, a new Zcash wallet powered by Anoma. The launch may have drawn attention to Anoma during the following day.
  Evidence gap: The report predates the measured move, and there is no evidence linking the launch to XAN buying or establishing when its effect began.
  Sources: [S11](<https://crypto.news/zcash-zillions-browser-wallet-ledger-support/>)

- amplifier · low: Gate perpetual open interest rose over a measured 24-hour window ending Oct 28, 23:00 UTC, while funding was negative and short liquidations exceeded long liquidations. This is consistent with positioning and some short covering amplifying the rise, but does not prove that happened.
  Evidence gap: Open interest does not show trade direction; liquidation data cover one venue, and their timing does not establish whether short covering followed or drove the move.
  Sources: [S1](<https://api.gateio.ws/api/v4/futures/usdt/contract_stats?contract=XAN_USDT&interval=1h&limit=50>), [S3](<https://api.gateio.ws/api/v4/futures/usdt/contract_stats?contract=XAN_USDT&interval=1h&limit=50>), [S5](<https://api.gateio.ws/api/v4/futures/usdt/funding_rate?contract=XAN_USDT&limit=8>)

Open question: Did the wallet announcement prompt fresh demand, and did short covering materially amplify the move?

Analysis generated: 2026-10-29T00:08:04.000Z; evidence window: 2026-10-28T00:07:57.000Z → 2026-10-29T00:07:57.000Z.

- Day open / close: $0.010143 → $0.012041 (24 hourly candles, Gate · USDT)
- Day range: $0.009396 – $0.013248
- Versus the past month: 1 of the past 29 days rose further; +18.71% in the 24 hours to Oct 29, 2026, 00:00 UTC, 6.3× a typical day (3.0%).
- 30-day range: 9.1% below the high · 59.2% above the low; From hourly highs and lows on the same venue
- 24h volume: 61.4×; of its prior 30-day daily average
- Where it traded: Bithumb 31% · PancakeSwap V3 (BSC) 19% · Coinbase Exchange 16%; includes on-chain pools

Computed from Gate · USDT hourly candles for the 24 hours to Oct 29, 2026, 00:00 UTC.

## XAN timeline around October 28, 2026

Largest closed hourly move: +25.30%, Oct 28, 2026, 04:00–05:00 (UTC).


## How often has this happened before?

Since 2025-09-29, XAN has risen 15% or more in a UTC day 14 times on Gate · USDT daily closes, counting moves within 7 days of each other once. Seven days later it was higher in 2 of 13 cases, with a median change of -19.67%. This is history, not a forecast.

| After the move | Cases | Higher | Median change |
| --- | --- | --- | --- |
| Next day | 14 | 8 | +1.13% |
| 7 days later | 13 | 2 | -19.67% |
| 30 days later | 13 | 2 | -14.53% |

Episodes: 2026-10-27, 2026-09-05, 2026-08-09, 2026-07-20, 2026-06-22, 2026-06-11, 2026-06-02, 2026-04-14, 2026-03-15, 2025-11-17 (UTC)

One venue’s daily closes, before costs; the coin’s own survived history, so it says nothing about coins that no longer trade. Past episodes are not a forecast.

Prices, market readings and reports are shown side by side; timing alone does not show what caused a move.

## Same-day movers · 2026-10-28 (UTC)

- [MEET48 (IDOL) +70.50%](<https://whycoinmoves.com/en/coins/meet48/2026-10-28>)
- [Initia (INIT) +35.04%](<https://whycoinmoves.com/en/coins/initia/2026-10-28>)
- [Quack AI (Q) +30.19%](<https://whycoinmoves.com/en/coins/quack-ai/2026-10-28>)
- [Pepe (PEPE) +9.37%](<https://whycoinmoves.com/en/coins/pepe/2026-10-28>)
- [Litecoin (LTC) +3.57%](<https://whycoinmoves.com/en/coins/litecoin/2026-10-28>)

[Anoma (XAN) price and news](<https://whycoinmoves.com/en/coins/anoma>)
[Methods and limitations](<https://whycoinmoves.com/en/methodology>)
