ZEC breaks above $260 as rally reignites to 7-year highs

ZCash (ZEC) remained the leader of privacy coins, expanding by another 53% for the past ￰0￱ is now above $260, and is starting to affect other privacy ￰1￱ (ZEC) broke to a higher range, revisiting prices not seen since ￰2￱ added another 53% for the past day to over $260. ZEC remained the leader of the privacy coin narrative, driven by its older claims to solving the privacy issues of ￰3￱ broke out above $260, mostly caused by a derivative short ￰4￱ privacy narrative is gaining strength, with more potential rallies for all related assets. |) extended its rally, growing by 116% in the past day to $5.12. Even ‘dinosaur coins’ are back to the ￰5￱ (LTC) broke above $130 once again, as the asset is now considered a privacy coin due to its MimbleWimble ￰6￱ traded at around $129.25 ahead of the ￰7￱ of the previously forgotten privacy coins was ￰8￱ asset recovered to $43.81, the highest level in three ￰9￱ DASH rally is still relatively small, though the token added over 101% to its price ￰10￱ (DCR) had a smaller rally, adding around 13% overnight to $20.32.

The privacy coin rally did not only boost older ￰11￱ recently added tokens like Veil Coin had vertical rallies to reach close to their price ￰12￱ memes, privacy projects are more development-intensive, and new assets cannot be easily ￰13￱ of the tokens were also created with a small or fixed supply. However, the recent rally is yet to show if there will be organic usage for payments or transfers. Currently, most of the rapid price expansion is due to shifts in derivative ￰14￱ ZEC, this means the rally may be exhausted, with a possible dip to $200 to liquidate long ￰15￱ up to $30,050 in trading rewards when you join Bybit today