Crypto privacy coins have become the front-runners of the market recently, rallying even when Bitcoin and other altcoins have been on the decline. As the privacy narrative continues to run, there have been obvious winners and some that are yet to move in accordance. So, here is a list of some of the most popular privacy cryptocurrencies that could be on their way upward as investors rush to take advantage of this new narrative.
ZCash (ZEC) has moved up rapidly recently to become the foremost crypto privacy coin by market cap. The network, which is focused on providing privacy and anonymity for crypto users, saw the price of its native ZEC token rise by more than 40x in one month.
Governments began paying attention as rumors circulated that bad actors were using Monero (XMR) to move their illicit cryptocurrencies, earning bans from various governments. This led to the delisting of Monero (XMR) from exchanges such as Binance and Kraken.