DASH Surges 156% as Zcash Rally Drives Privacy Token Sector

DASH, a popular privacy-focused cryptocurrency, is gaining momentum in the market after Zcash’s impressive rally. Launched in 2014, DASH has seen its value increase by over 5 times in the last six months, with its price reaching $120 – its highest since 2022.

Zcash, which has surged more than 300% over the last month to reach $470, a new high since 2018. This growth is attributed to its focus on privacy and anonymity as Bitcoin and DeFi become increasingly institutionalized.

While DASH still has distance to cover before reaching its all-time high of $1,500 set in December 2017, its recent surge puts it in the spotlight. The rally is driving the entire privacy token sector to new heights, with other altcoins like Zcash taking center stage.

Source: https://thedefiant.io/news/markets/privacy-coin-rally-continues-as-dash-surges-150