15 Privateness Cash See Double-Digit Weekly Features, Monero Jumps 13%, Secret Features 50%

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Despite the fact that regulations have been tightened and bureaucrats around the world are scrutinizing the use of cryptocurrencies, the value of some privacy coins has risen significantly over the past week. Monero is up 13% over the past seven days, while the token secret is up 50% and Dawn is up 47% over the past week.

Monero, Secret, Dusk Network Values ​​Spike

This week, some privacy-centric crypto assets have posted double-digit percentage gains over the past seven days. According to metrics pulled from coingecko.com’s privacy coin market cap list, there are $12.2 billion worth of this type of asset.

Monero (XMR) has the largest market valuation as of January 17, 2022 at $3.9 billion. The trading range for the last 24 hours shows XMR exchanging hands at $212.45 to $229.66 per unit. Over the past seven days, Monero (XMR) is up 13% against the US dollar. Year-to-date, XMR is up more than 38% since this time last year.

15 Privacy Coins See Double-Digit Weekly Gains, Monero Jumps 13%, Monero (XMR/USD) chart on January 17, 2022. Seven day price points for this post were recorded around 2:00pm EST on Monday afternoon.

Zcash (ZEC) holds the second largest privacy coin market valuation at $1.6 billion. However, ZEC has lost 3.6% over the past seven trading days. Since that time last year, zcash has appreciated 24% against the US dollar.

Crypto Asset Secret (SCRT) is up 50% in the last week and SCRT currently has a market valuation of around $1.4 billion. Decred (DCR) has also gained over 14% over the past week. Dusk Network (DUSK) is up over 47% in value over the past seven days and has a market valuation of around $390 million.

15 Privacy Coins See Double-Digit Weekly Gains, Monero Jumps 13%, Top ten privacy coins by market rating on Monday, January 17, 2022. Seven-day price points for this post were recorded around 2:00 PM EST on Monday afternoon.

30 privacy-focused coins gained this week, 8 privacy tokens outperformed Monero’s gains

Other notable privacy coin spikes this week came from coins such as Bitcoinz (BTCZ), Apollo (APL), Veil (VEIL), Masari (MSR) and Bitcoin Private (BTCP) respectively. All of these privacy tokens above have posted double-digit gains against the USD for the past week.

A total of eight privacy tokens outperformed Monero (XMR)’s 13% weekly gain. However, XMR’s market valuation accounts for 32.25% of the total value of all privacy coins, while ZEC’s market cap dominates this week at 12.90%.

15 Privacy Coins See Double-Digit Weekly Gains, Monero Jumps 13%, Top ten Privacy Coin winners by weekly earnings on Monday, January 17, 2022. Seven-day price points for this post were recorded around 2:00 PM EST on Monday afternoon.

A total of 15 privacy-centric cryptocurrencies posted double-digit gains this week, while a total of 30 privacy coins generally saw weekly gains above the 1% range.

Secret (SCRT), the third largest privacy coin market cap, accounts for 11.29% of the $12.2 billion worth of privacy tokens today. Decred (DCR) represents 7.14% of today’s $12.2 billion privacy coin-aligned crypto economy.

tags in this story

apollo (APL), bitcoinz (BTCZ), Decred, double digit gains, market caps, Masari (MSR), Monero, Monero (XMR), percentage gains, privacy, privacy coin markets, privacy coin prices, privacy coins, privacy tokens, SCRT, secret, Veil (VEIL), xmr, Zcash, ZEC

What are your thoughts on the privacy coin markets over the past week and the double-digit gains that coins like Monero, Secret, and Dusk Network have posted? Let us know what you think about this topic in the comment section below.

Jamie Redman

Jamie Redman is the news director at Bitcoin.com News and a Florida-based financial technology journalist. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about today’s emerging disruptive protocols.

Image credits: Shutterstock, Pixabay, Wiki Commons, Coingecko, Tradingview,

Disclaimer: This article is for informational purposes only. It is not a direct offer, or a solicitation of an offer to buy or sell, or a recommendation or endorsement of any product, service, or company. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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