Privacy tokens are an essential part of the world of crypto.
XMR, ZEC, and DCR all have the potential for growth.
These tokens are at affordable price points, making them solid purchases.
Monero (XMR) is an open-source, privacy-oriented cryptocurrency originally launched in 2014. Transaction details and the amount of every transaction is anonymous through the process of disguising the addresses used by the participants.
Zcash (ZEC) is a privacy-protecting digital currency that allows people to transact safely with low fees. Essentially, Shielded Zcash ensures that transactions remain confidential.
Decred (DCR) is a decentralized and autonomous digital currency. Its main goal is to prioritize decentralized governance and decision-making on the blockchain.
Should you buy Monero (XMR)?
On December 29, Monero (XMR) had a value of $207.75.
In order to get an estimation as to what this value point means for the XMR token, we will go over its all-time high value as well as its performance last month.
Monero had its all-time high value on January 9, 2018, where it reached $542.33. This means that at its ATH point, the token was $334.58 higher in value or by 161%.
When we go over November’s performance, on November 9, XMR had its highest value point at $291.32.
Its lowest value point, however, was on November 28, when the token decreased to $220.66 in value.
Here, we can see that the token decreased in value by $70.66 or by 24%.
However, its value point at $207.75 puts it in an excellent position to buy as it can increase to $215 by the end of January 2022.
Should you buy Zcash (ZEC)?
On December 29, Zcash (ZEC) had a value of $146.16.
To get a better perspective as to what kind of value point this is for the ZEC token, we will go over its all-time high point of value as well as its performance last month.
Zcash had its all-time high value on October 29, 2016, when it reached $3,191.93 in value. At its ATH point, the token was $3,045.77 higher in value or by 2,083%.
When we go over the performance of the token in November, on November 18, the token had its lowest point of value at $146.38.
Its highest point of value was on November 25, when the token reached $302.79. Here, we can see that the token saw an increase in value of $156.41 or by 106%.
With its current value of $146.16, the token has the potential to reach $170 by the end of January 2022, which makes it a solid buy.
Should you buy Decred (DCR)?
On December 29, Decred (DCR) had a value of $72.05.
To get a better perspective on what kind of value point this is for the token, we will go over its all-time high value as well as its performance in November.
Decred had its all-time high value on April 17, when it reached $247.35. This means that at its ATH point, the token was $175.3 higher in value or by 243%.
When we go over the performance of the token in November, we can see that on November 15, the token increased in value to $121.75.
Its lowest value point, however, was on November 26, when the token decreased to $91.36 in value. This means that the token decreased in value by $30.39 or by 25%.
With this in mind, the DCR token is a solid buy at $72.05 as it has the potential to reach $85 by the end of January 2022.
The post Top 3 privacy-oriented tokens to buy on December 29: XMR, ZEC and DCR appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.
