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Monero XMR/USD was developed as a means of enabling transactions to occur privately and with anonymity.
Zcash ZEC/USD is a decentralized cryptocurrency specifically focused on privacy and anonymity that uses the zk-SNARK zero-knowledge proof technology.
Decred DCR/USD utilizes a hybrid consensus system as a means of being decentralized, sustainable and self-ruling.
Should you buy Monero (XMR)?
On February 15, 2022, Monero (XMR) had a value of $178.93.
The all-time high value of Monero (XMR) was on January 9, 2018, when the token reached a value of $542.33. The token was $363.4 higher in value at its ATH, or by 203%.
When we go over the performance in January, Monero (XMR) saw its highest point of value on January 1, when it reached a value of $251.85.
Its lowest point was on January 24, when the token decreased in value to $137.24. Here we can see a decrease of $114.61 or by 45%.
However, from January 24 to February 15, the token saw an increase in value of $41.69 or by 30%
With this in mind, XMR can reach $200 in value by the end of March 2022.
Should you buy Zcash (ZEC)?
On February 15, 2022, Zcash (ZEC) had a value of $128.53
The all-time high value of Zcash (ZEC) was on October 29, 2016, when the token reached a value of $3,191.93. At its ATH, the token was $3,063.4 higher in value or by 2383%.
Going over the performance of the token throughout the previous month, we can see that Zcash (ZEC) had its highest value on January 4, with a value of $154.82.
Its lowest point of value was on January 24, when the token saw a decrease in value to $83.5. This gives us an indication that the token decreased in value by $71.32 or by 46%.
However, from the span of January 24 to February 15, the token saw an increase in value of $45.03 or by 54%.
With that in mind, ZEC can reach $150 by the end of March 2022.
Should you buy Decred (DCR)?
On February 15, 2022, Decred (DCR) had a value of $68.67.
The all-time high value of Decred (DCR) was on April 17, 2021, when the token reached a value of $247.35. This means that at its ATH, DCR was $178.68 higher in value or by 260%.
When we go over the performance of the token last month, we can see that Decred (DCR) had its highest value point on January 15, when it increased to $77.92 in value.
Its lowest point of value was on January 24, when the token decreased in value to $51.13. This marked a decrease in value of $26.79 or 34%.
However, from January 24 to February 15, the token saw an increase in value of $17.54 or 34%. With that in mind, DCR can reach $75 by the end of March 2022.
The post Privacy coins worth buying on February 15, 2022: XMR, ZEC and DCR appeared first on Invezz.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.