Fortune favors Tezos, Monero, VeChain as altcoins register over 30% gains

March 27, 2020 | By | Reply | 24 Readers More

For most altcoins, the past couple of weeks weren’t necessarily the best. However, after enduring a harrowing mid-March, it looks like their fortunes may be beginning to reverse. While their present price action is far from where most altcoins were at the start of the year, recent price surges have come as a welcome change. Over the past few days,  cryptocurrencies such as Monero [XMR], VeChain [VET], and Tezos [XTZ] have all once again recorded crucial gains.

Monero [XMR]

Source: XMR/USD, TradingView

Amongst the altcoins that surged in price over the last week, one of the biggest winners was Monero.  The cryptocurrency has cemented itself in the domain of privacy-focused coins and it continued to go on an impressive run, registering an over 50 percent increase in price. Over the past 7 days, Monero saw its trading price rise from $34 to around $53. At press time, XMR was…

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