$NEIRO Privacy‑focused cryptocurrencies are surging sharply, led by Monero (XMR):
• Monero has rocketed ~51% in the past week, hitting new record highs as traders pile into privacy assets.
• The broader privacy coin segment’s market cap has climbed significantly, with strong gains also seen in tokens like Dash and others.
• Analysts link the rally to growing demand for on‑chain anonymity amid tightening global KYC/AML rules, even as some jurisdictions ban or restrict privacy coins.
• However, social FOMO and overbought signals suggest caution, as sharp spikes can be followed by pullbacks.
Bottom line: The privacy coin narrative is heating up, with XMR leading the pack and attracting notable investor interest—but volatility remains elevated.