XMR’s trading volume increased by 26% in the last 24 hours.
Zcash and Decred are at solid value points for buying.
Each of these tokens has the potential to increase in value by the end of December.
Monero (XMR) is an open-source cryptocurrency that focuses on privacy and was launched in 2014. It uses ring signature, zero-knowledge proofs, and stealth addresses to obfuscate transaction details.
Zcash (ZEC) is a decentralized cryptocurrency token that specializes in privacy and anonymity. To do this, it utilizes sk-SNARK zero-knowledge proof technology.
Decred (DCR) is a blockchain network designed to improve the organization and decentralization of cryptocurrencies. It runs autonomously with improvements voted on and enacted by the miners as well as the holders of the token.
Should you buy Monero (XMR)?
On December 8, Monero (XMR) had a value of $205.70.
To see what this value point means for the XMR token, we will go over its all-time high value as well as its performance in November.
The ATH value point of XMR was on January 9, 2018, when the token reached a value of $542.33. Here we can see that the token was $336.63 higher in value at its ATH value point or higher by 163%.
When we look at the performance in November, on November 9, the XMR token had its highest value point of the month at $291.32.
Its lowest value point, however, was on November 28, when it fell to $220.66. Here, we can see that the token fell in value by $70.66 or by 24% throughout the month.
However, at its current price point of $205.70, the XMR token is a solid buy as it can increase to $210 by the end of December.
Should you buy Zcash (ZEC)?
On December 8, Zcash (ZEC) had a value of $169.93.
To get an indication as to exactly what this value point means for the ZEC token, we will go over its all-time high value as well as the performance of the token in November.
Zcash had its all-time high value on October 29, 2016, when the token was worth $3,191.93.
This means that Zcash was $3,022 higher or 177% higher in value at its ATH value point when compared to its value on December 8.
When we go over the performance of the token in November, on November 18, the token had its lowest point of value of the month at $146.38.
Its highest value point of November was on November 25, when it climbed to $302.79. This marked a jump in the value of the token of $156.41 or by 106% throughout the month.
However, from November 25 to December 8, the token decreased in value by $132.86 or by 43%.
With this in mind, at $169.93, ZEC is worth buying as it can climb to $190 by the end of December.
Should you buy Decred (DCR)?
On December 8, Decred (DCR) had a value of $92.39.
In order for us to see what this value point means for the token, we will go over its all-time high value alongside its performance in November.
The all-time high recorded value for the DCR token was on April 17, when it reached $247.35. This gives us an indication that the token was higher in value by $154.96 or by 167% at its ATH value point when compared to the value on December 8.
When we go over the token’s value in November, on November 15, the token had its highest point at $121.75.
Its lowest point of value was on November 26, when the token fell to $91.36. This marks a decline in value by $30.39 or by 25 %.
However, from November 26 to December 8, DCR has increased in value by $1.03. With this in mind, we can expect DCR to increase to $95 by the end of December, making it a solid buy.