Home > News > Top 3 privacy-oriented tokens to buy on December 29: XMR, ZEC and DCR

Top 3 privacy-oriented tokens to buy on December 29: XMR, ZEC and DCR

  • 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.

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