I just saw that major privacy coins have actually gone up this month, even though Bitcoin and most other coins are down. I'm kinda scratching my head over why that’s happening. I figured Monero's price would drop after so many centralized exchanges took it off their listings.
So, do folks really care about privacy more these days or what?
There are big shill from KOLs and crypto twitter in general about privacy coin such as ZEC and XMR. It's a really hot thing especially after the price rose up so high and the decoupling for these privacy coins price trend from following bitcoin trend has happened long ago.
I wouldn't be surprised if the price gonna go up despite the market turning bleak. It's like the case of meme coin going up while bitcoin is bearish except now the narrative shifted to privacy coins. Most people actually don't really care about the feature of privacy coin but they are buying it because it keeps going up.
I do not know if monero was pumped by few people but zCash was definitely pumped with the influence of some well known people, they kept twisting about it and pumped the price.
They are privacy coins, they have their own advantages, but their marketcap is still far lower if compared to normal coins. I also think some people only bought them because of fomo and investment.
Zcash (ZEC) recently gained significant momentum, often driven by news regarding its transition to "Zcash Posterity" or updates to its proof-of-stake discussions.
Monero (XMR), meanwhile, often moves differently due to its delisting from several major exchanges (like Binance) earlier this year, which usually creates more selling pressure or sideways movement compared to other coins.
I can't tell but if there's a sudden influx of money to specific narrative coins like privacy coins, this is just a movement of where money is in right now. Expect after a couple of weeks when most traders move on the privacy coins as well to trade and take some profit, the whales who have started it are going to take the cash that they have waited for. Leaving those who thought that there's a change of narrative now.
I don't think this is unusual and there needs to be a logical reason for it. What is clear is that currently, privacy coins are getting more attention from whales. And it has always been this way. What is clear is that we just need to make good use of it and if we feel satisfied with the profits we have made, then we can switch to other types of coins. Because usually the narrative will continue to change from one type to another. And coincidentally, privacy altcoins are currently getting their share first, starting with ZEC, which has sparked interest in other privacy coins.
After this, I believe privacy coins may experience a decline, and then other types of coins will begin to gain more attention from the market. Perhaps RWA or AI or something else.
There is no doubt a surge in the market price and demand of privacy coins in the period of cryptocurrency market activities and 2025 have brought with it alot of unpredicted market realities and not only privacy coins like Zec and monero have done significantly well in terms of price z some speculators even say that there was a pump in the market but that may not be true since even optional privacy projects like Dash also saw a good market increase and adoption that resulted in price pumped within the acceptable means and year.