The Hidden Altseason: Privacy Coins Are on Fire

The Hidden Altseason: Privacy Coins Are on Fire

While the entire crypto market is falling, there’s one segment that’s moving in the opposite direction — privacy coins. According to CoinGecko, their total market cap has surged by 85% over the past seven days.

That’s an incredible number! Everyone’s talking about Zcash’s explosive growth, but it turns out that many other privacy-focused coins are rising too — Monero, Dash, Horizen, and even Verge, which hasn’t made headlines for what feels like seven years.

Among the big names, only ARRR and LTC (yes, CoinGecko actually lists Litecoin as a privacy coin) are not following the rally.

When almost everything in a category rises except for a few outliers — what do we call that? Exactly: altseason. And this one’s a bright one — 85% in a week!

So here it is, hiding where no one expected it this year — in the privacy segment, which stands as a true alternative to the endless pile of overcomplicated crypto projects. Capital is flowing into assets whose purpose couldn’t be more straightforward.

And by the way — the best rates for privacy coins are on rabbit.io.