Monero has surged by 44% over the past eight days, reaching a new all-time high, according to data from Santiment. This significant price increase is attributed to heightened FOMO (fear of missing out) among investors, propelling Monero to the forefront of the privacy cryptocurrency sector.
As Monero takes the lead, Zcash, another prominent privacy-focused cryptocurrency, has seen its influence wane. The shift highlights Monero's growing dominance in the market, driven by increased investor interest and market dynamics favoring privacy-centric digital assets.
Monero Soars 44% to New All-Time High, Dominates Privacy Sector
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