A look at the Privacy sector in Feb 👇

February was a great month for the Privacy sector as the median asset return was +28%. All 7 of the top Privacy tokens saw positive returns over the course of the past month, with $DCR (+86.3%), $XMR (+39%) and $ZEC (32.5%) leading the way.

Despite having a rather slow start to the year, $DCR experienced tremendous growth in February. This uptrend started after Decred v1.6 was released and picked up even more momentum after DCR was listed on its 1st African exchange, pushing the price from $50 all the way up to $164

$XMR price rally can largely be attributed to investor sentiment. We saw a big spike in sentiment after a community video called Monero Means Money was released. Additionally, the price of $XMR reacted positively to being listed on Poloniex Futures as it surged by +118%.

After hitting a record high of 40k in Jan, aggregated Tweet volume has fallen -23% to 30.4k in Feb. While this may sound alarming, note that social conversations are still up 35% from a year ago! Additionally, the 30.4k Tweets in Feb are still higher than any single month in 2020

Investor sentiment has become increasingly more positive for $BEAM, $XMR, & $DCR over the past 30 days. On the contrary, assets like $XVG and $ZEC have seen a decrease in sentiment, but remain rather neutral. $ENG currently has the lowest avg sentiment score of any privacy token.