Monero and Dash price spiking - increasing interest in privacy-oriented cryptos?

in cryptocurrency •  7 years ago 

XMR_uptrend_smaller.png

After Bitcoin cash, Monero and Dash prices also started increasing rapidly today. At the time of writing, Monero is up approximately 15% and Dash over 32% according to Coinmarketcap. Other cryptocurrencies, on the other hand, don't look so promising.

Is there any special reason why privacy-oriented currencies in particular are suddenly so popular? Did people just realize that they don't want everybody to see their balance and transaction history every time they pay for something?

XMRDash.png

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