Monero (XMR) 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-focused cryptocurrency sector.
As Monero gains momentum, it has overtaken Zcash, which has seen less investor interest recently. The surge underscores Monero's growing dominance in the privacy coin market, as traders increasingly favor its robust privacy features.
Monero Soars 44% to New All-Time High, Dominates Privacy Sector
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