Top Privacy Cryptocurrencies by Market Cap Lost Half Their Value in Less Than 2 Months – Markets and Prices Bitcoin News

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Since the end of April, the top privacy coins went from a combined value of $10.7 billion to today’s valuation of around $5.09 billion.

is $123.15. ZEC was trading for $148.92 per unit and it’s currently changing hands for $68.61 per unit.Moreover, the Cosmos-based secret used to be the fourth largest privacy coin, but today it is in the sixth position. Horizen was in the sixth position at that time, but today it is ranked fifth.

Similarly, nucypher jumped ahead a spot from fifth to fourth in terms of privacy-focused tokens by market valuation. WhileZEC’s loss since that day was 56% but over the last month, ZEC’s USD value slipped by 37%. While the largest privacy coins in terms of market cap have seen seven-day single-digit gains this past week, a number of lesser-known privacy cryptos have seen double and triple-digit gains.

Zclassic jumped over 129%, scala increased by 105%, cloakcoin gathered 57.7% in gains, and firo rose by 19.5% this past week. However, the privacy coin kurrent lost 43.1%, mimblewimble coin shed 23.7%, and ghost dropped by 19% over the last week. Monero and zcash are the top two privacy coins today in terms of market cap and out of the $5.09 billion, the two tokens command $3.082 billion of that value.

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