Privacy coins collectively surge: DASH +115%, is it regulatory arbitrage or genuine demand?
DASH surged 115% in a week, reaching $80. Meanwhile, Monero increased by 16%, and the entire privacy coin sector is moving. Why now? Several possible reasons: 1) Geopolitical tensions, funds seeking anonymous channels; 2) Progress of CBDCs in various countries, indirectly creating privacy demand; 3) Oversold rebound after previous sharp declines.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Privacy coins collectively surge: DASH +115%, is it regulatory arbitrage or genuine demand?
DASH surged 115% in a week, reaching $80. Meanwhile, Monero increased by 16%, and the entire privacy coin sector is moving.
Why now?
Several possible reasons:
1) Geopolitical tensions, funds seeking anonymous channels;
2) Progress of CBDCs in various countries, indirectly creating privacy demand;
3) Oversold rebound after previous sharp declines.