Spread of Sanctions Makes Privacy Tokens the Hot Bet in Crypto Markets

Monero‘s XMR, the largest privacy token by market capitalization, is up 35% over the last 30 days, compared with bitcoin (BTC), the world’s largest cryptocurrency by market value, which is up 6% over a 30-day period, according to data from Messari. Monero prides itself on providing a “secure, private, untraceable cryptocurrency that keeps money confidential,” according to its website. Binance, the world’s largest cryptocurrency exchange by trading volume, published a blog post last week on the top 10 privacy tokens on the platform, with XMR at number 1.

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