Digital IDs and government regulations are pushing us more towards privacy-focused cryptocurrencies and blockchains.
Privacy is paramount in every aspect of our lives, so we thought it’d be a good idea to share a list of some of the best Web3 privacy tech out there!
Zcash – $ZEC
In no particular order, starting with the one you most expected to see, and the current leader of the privacy narrative, Zcash.
Zcash is a privacy network and cryptocurrency that enables users to make ‘shielded transactions’ with $ZEC, which are completely anonymous and hide both the original sender and receiver addresses.
$ZEC has pumped more than 1,149% in the last couple of months, and is now trading at $500 with a market cap of $8.13B. In 2016, $ZEC achieved an ATH of $3,193.
Oasis – $ROSE
Second on the list is the Oasis, the first confidential EVM-compatible Layer 1 blockchain. Oasis empowers Web3 and AI developers to build dApps with ‘Smart Privacy’, providing superior scalability and confidentiality.
Powered by the native token $ROSE, currently trading at $0.018 with a market cap of $137.9M, and once had an ATH of almost $0.60 back in 2022.
Dash – $DASH
Down heavily in the last week, but up big over the last few months is Dash.
Dash is a payments-focused cryptocurrency with optional privacy features, enabling fast, cheap, and anonymous transactions on a global scale, for both individuals and businesses.
The $DASH coin is currently priced at $66.93 with a market cap of $833.51, and back in 2017, it peaked at an ATH of $1,642!
ZKsync – $ZK
ZKsync, is it the endgame solution?
ZKsync is an Ethereum Layer 2 network that provides users with a faster, cheaper and more private experience. Ethereum needs a layer of privacy, and that’s where ZKsync comes in!
$ZK, the native token, is currently trading at $0.045 with a market cap of $398.33M. After the $ZK airdrop in Jun 2024, $ZK peaked at an ATH of an estimated $0.32.
Decred – $DCR
Digging up another ‘dino coin’, we’ve got Decred.
Decred is a unique hybrid PoW and PoS Layer 1 blockchain with a core focus on security, privacy and scalability. With Decred, users can use $DCR with opt-in private transactions to suit both institutional and regulatory interests.
Dino coin, $DCR, is priced at $29.81 with a market cap of $510.43M, and last saw an ATH of $250 back in 2021.
Starknet – $STRK
Striving to make a comeback off the back of the privacy narrative is Starknet.
Starknet is an Ethereum Layer 2 that uses ZK technology to provide a scalable, secure and private network. With the latest ’S-two’ upgrade now live, Starknet is more powerful than ever.
$STRK is currently sitting at $0.14 with a market cap of $640.79M. After the initial airdrop in February 2024, $STRK peaked at an estimated ATH of $3.66.
Monero – $XMR
Last but not least, Monero.
Monero is a privacy-focused cryptocurrency that enables users to send and receive $XMR with zero trace and full anonymity. Privacy is paramount, default and the very foundation of Monero.
$XMR is trading at $380.56 with a market cap of $7B. In the last bull run of 2021, $XMR achieved an ATH of $517.62.
Conclusion
That’s seven privacy cryptocurrencies for you to send, trade and explore in private.
There are many more, but as always, you’ll have to wait for part two. So if you want to see that, let us know by liking, sharing, and leaving a comment down below!
Disclaimer
The content provided in this article is purely informational and nothing said is financial advice. Proceed with caution and always invest what you are prepared to lose. Remember that you are entirely responsible for your assets and investments and the author and the publication do not endorse any of the cryptocurrencies, protocols and/or strategies in this article.
