Privacy-focused coins are heating up. Monero just hit a fresh 8-year high, sitting at $677 and pumping nearly 20% within a single day—monthly returns are crushing it at over 62%. But here's the catch: analysts are flagging serious FOMO signals as excitement mounts. The real issue? Privacy coins operate on a limited number of platforms, creating knife-edge liquidity conditions that amplify price swings. Meanwhile, Zcash took a hit after some team members stepped away. The concentration of these assets on fewer exchanges means big moves can happen fast, which cuts both ways—massive gains or brutal drawdowns.