Monero Surges 20% Amid Privacy Coin Rotation
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Privacy-focused cryptocurrency Monero (XMR) has jumped roughly 20% over the past week, climbing from $352 on November 3 to a temporary high of $433.
The rally, which keeps XMR above $420, follows Zcash’s explosive gains earlier this month, suggesting traders are rotating profits into privacy-oriented assets. Network upgrades and renewed interest in censorship-resistant transactions are also supporting the surge.
Santiment data shows that “privacy coins” became a trending social topic starting November 6, signaling growing trader attention toward this niche sector.
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