Monero (XMR) has the largest market valuation on January 17, 2022, with $3.9 billion. The past 24-hour range of trading shows that XMR has been exchanging hands for $212.45 to $229.66 per unit. Over the last seven days, monero (XMR) has increased 13% against the U.S. dollar. Year-to-date, XMR is up more than 38% since this time last year.
Monero (XMR/USD) chart on January 17, 2022. Seven-day price points for this post were recorded at approximately 2:00 p.m. (EST) on Monday afternoon.
Zcash (ZEC) holds the second-largest privacy coin market valuation with $1.6 billion. However, ZEC has shed 3.6% during the last seven days of trading. Since this time last year, zcash has gained 24% in value against the U.S. dollar.
The crypto asset secret (SCRT) spiked 50% during the last week and SCRT currently has a market valuation of around $1.4 billion. Decred (DCR) managed to increase in value over 14% during the last week as well. Dusk network (DUSK) jumped over 47% in value over the last seven days and has a market valuation of around $390 million.
Other notable privacy coin spikes in value this week stemmed from coins like bitcoinz (BTCZ), apollo (APL), veil (VEIL), masari (MSR), and bitcoin private (BTCP) respectively. All of these aforementioned privacy tokens saw double-digit gains against the USD this past week.
A total of eight privacy tokens outpaced monero’s (XMR) 13% weekly gain. However, XMR’s market valuation represents 32.25% of the aggregate value of all the privacy coins while ZEC’s market cap dominates by 12.90% this week.
A total of 15 privacy-centric cryptocurrencies saw double-digit gains this week, while 30 privacy coins in total have seen weekly gains in general above the 1% range.
Secret (SCRT), the third-largest privacy coin market cap, represents 11.29% of the $12.2 billion worth privacy tokens today. Decred (DCR) represents 7.14% of today’s $12.2 billion privacy coin-centric crypto economy.
Source : news.bitcoin
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