Monero Surges 44% to a New High, Dominating the Privacy Sector

Monero (XMR) has surged 44% over the past eight days, reaching a new all-time high, according to data from Santiment. This significant price increase is attributed to a rise in FOMO (fear of missing out) among investors, pushing Monero to the forefront of the privacy-focused cryptocurrency sector. As Monero continues to gain momentum, it has overtaken Zcash, a privacy coin that has recently attracted less investor interest. This breakout highlights Monero’s growing dominance in the anonymous crypto market, as traders increasingly favor its strong privacy features.

XMR
XMRUSDT
328.61
-1.79%
ZEC
ZECUSDT
291.8
-0.87%