Why Zcash and Privacy Tokens are Back in Conversation

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Cryptocurrencies focused on privacy have come onto investors’ radar recently, ranking among the most popular token categories.

According to CoinGecko, which tracks a combined market capitalization of almost $22 billion across privacy coins, their value rose 52.2% in the past 24 hours. Rival data aggregator CoinMarketCap places the category at nearly $55 billion, with Zcash (ZEC) now leading the pack.

One of the early privacy-focused cryptocurrencies, Zcash launched in October 2016. It traded below $80 at the start of this October but exploded 375%…



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Why Zcash and Privacy Tokens are Back in Conversation


Cryptocurrencies focused on privacy have come onto investors’ radar recently, ranking among the most popular token categories.

According to CoinGecko, which tracks a combined market capitalization of almost $22 billion across privacy coins, their value rose 52.2% in the past 24 hours. Rival data aggregator CoinMarketCap places the category at nearly $55 billion, with Zcash (ZEC) now leading the pack.

One of the early privacy-focused cryptocurrencies, Zcash launched in October 2016. It traded below $80 at the start of this October but exploded 375%…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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