- Data protection tokens are an essential part of the crypto world.
- XMR, ZEC and DCR all have growth potential.
- These tokens are available at affordable prices, which makes them solid purchases.
Monero (XMR) is a privacy-oriented open sourceCryptocurrencywhich was originally introduced in 2014. Transaction details and the amount of each transaction are anonymous by obscuring the addresses used by participants.
Zcash (ZEC) is a privacy-protecting digital currency that enables people to shop securely with low fees. Essentially, Shielded Zcash ensures that transactions remain confidential.
Decred (DCR) is a decentralized and autonomous digital currency. Its main objective is to promote decentralized governance and decision-making in the Blockchain Give priority.
This is what awaits you in this article
Should You Buy Monero (XMR)?
On December 29th, Monero (XMR) was valued at $ 207.75.
To get an idea of what this value point means for the XMR token, we’ll go over its all-time high as well as its performance over the last month.
Monero hit its all-time high on January 9, 2018, where it hit $ 542.33. This means that the token is at his ATH-Point was $ 334.58 or 161% higher.
If we run through November’s performance, the XMR peaked at $ 291.32 on November 9th.
However, its lowest value was on November 28th when the value of the token fell to $ 220.66.
Here we can see that the value of the token is down by $ 70.66, or 24%.
However, its value point at $ 207.75 puts it in an excellent buy position as it can climb to $ 215 by the end of January 2022.
Should You Buy Zcash (ZEC)?
On December 29th, Zcash (ZEC) was valued at $ 146.16.
To get a better idea of what kind of value point this is for the ZEC token, we’re going to go over its historical high as well as its performance over the past month.
Zcash hit its all-time high on October 29, 2016 when it hit a value of $ 3,191.93. At its ATH point, the token’s value was up $ 3,045.77, or 2.083%.
If we go through the token’s performance in November, the token had its lowest value on November 18th at $ 146.38.
Its highest value was on November 25th when the token hit $ 302.79. Here we can see that the token has grown in value by $ 156.41, or 106%.
With its current value of $ 146.16, the token has the potential to hit $ 170 by the end of January 2022, making it a solid buy.
Should You Buy Decred (DCR)?
On December 29th, Decred (DCR) was valued at $ 72.05.
To get a better idea of what that value point is for the token, we’ll go over its all-time high as well as its November performance.
Decred hit its all-time high on April 17th when it hit $ 247.35. This means that the token was up $ 175.3, or 243%, at its ATH point.
If we go through the token’s performance in November, we can see that the token’s value rose to $ 121.75 on November 15th.
However, its lowest value was on November 26th when the token fell to $ 91.36. This means that the value of the token has decreased by $ 30.39, or 25%.
With that in mind, the DCR token is a solid buy at $ 72.05 as it has the potential to hit $ 85 by the end of January 2022.
Top 3 data protection-oriented tokens to buy on December 29th: XMR, ZEC and DCR first appeared on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.
Source: Crypto News Deutsch