Last week, almost every coin was bleeding. $ZEC instead went up 8%. 🛡️
According to Decrypt (Oct 26), Zcash rose about 135% over the year and was priced around $1,265. Monero also climbed 37%, even though the market was sluggish.
Why are privacy coins suddenly getting attention?
• The main headlines this week were about geopolitical tensions and the evacuation of U.S. personnel
• Some market participants are looking for assets outside the mainstream
• Privacy coins entered the top 10 by market capitalization according to CoinGecko
Pro: strong trend while other markets are weak.
Con: prices have already risen a lot and privacy coin regulation is still a risk in many countries.
So is this a sign of a new rotation, or just a short-lived momentum?
🅰️ The privacy coin trend still has a long way to go
🅱️ Just a brief euphoria
Answer A or B in the comments 👇
#Zcash #PrivacyCoins
Not financial advice, DYOR.
According to Decrypt (Oct 26), Zcash rose about 135% over the year and was priced around $1,265. Monero also climbed 37%, even though the market was sluggish.
Why are privacy coins suddenly getting attention?
• The main headlines this week were about geopolitical tensions and the evacuation of U.S. personnel
• Some market participants are looking for assets outside the mainstream
• Privacy coins entered the top 10 by market capitalization according to CoinGecko
Pro: strong trend while other markets are weak.
Con: prices have already risen a lot and privacy coin regulation is still a risk in many countries.
So is this a sign of a new rotation, or just a short-lived momentum?
🅰️ The privacy coin trend still has a long way to go
🅱️ Just a brief euphoria
Answer A or B in the comments 👇
#Zcash #PrivacyCoins
Not financial advice, DYOR.