CryptoSlate data shows privacy tokens grew 9% over the last 24 hours – as the broader crypto market cooled following its recent strong run of form.
Since June 15, following BlackRock’s Bitcoin spot ETF filing, the total crypto market cap grew 18% to peak at $1.2 trillion on June 23. However, weekend price action failed to continue the uptrend, leading to minor outflows that found a local bottom at $1.17 trillion on Saturday – with the general 24-hour performance since then largely flat.
Source: Cryptoslate.com
Well-known privacy tokens, such as Monero, Zcash, and Mina, posted a strong performance at +2.17%, +4.89%, and +0.37%, respectively. The best-performing token in the top 10 over the past 24 hours is tomiNet, up 13.68%. While over the past 7 days, Keep Network has led the top 10 with a gain of 43.49%.
Privacy tokens use technology, such as zero-knowledge proofs, to obscure information such as sender and recipient details, thus providing users with a degree of anonymity.
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