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International Business Times
International Business Times
Business
Marvie Basilan

$XMR Rising – Has The Time Come For Privacy Coins To Shine?

XMR Monero Crypto Bitcoin
Monero is a leading privacy crypto coin. (Credit: VostoEmision on X / Video Screenshot)

KEY POINTS

  • $XMR has been rallying by 26% in the past seven days after many months below $200
  • The token gained popularity due to its feature of default anonymity for users
  • Privacy coins were once popular but concerns around its use in black market affected their prices

Monero (XMR) has gradually been climbing over the past few days, taking the attention of cryptocurrency users who have been largely focused on Bitcoin and other top altcoins such as XRP.

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