The privacy coin economy has fallen by more than 55% from $11.7 billion in January 2022 to the current $5.22 billion against the U.S. dollar. Last January, the top two privacy coins included monero (XMR) and zcash (ZEC).
In January 2022, the unit price of XMR is about $202.97, and the market valuation is about $3.66 billion. Today, XMR is changing hands for about $142.35 per coin, and its total market capitalization is about $2.58 billion.
The market valuation of Zcash, the second largest privacy coin, was about $1.53 billion in January. Today, ZEC’s market cap is down to $517 million.