Market liquidity for Monero, Zcash hits all-time low, data shows
Privacy tokens face challenges meeting crypto exchange listing criteria amid regulatory pressure, leading to an all -time low in liquidity , Kaiko’s data shows . In a recent research report, analysts at Kaiko have revealed that market liquidity for privacy tokens — including Monero (XMR), Zcash (ZEC), and DASH — has reached all-time lows as crypto exchanges keep removing these assets from their listings. According to data, privacy-focused tokens witnessed last week just $5 million in liquidity following the removal of several trading pairs with these assets from OKX. “While trade volumes gradually increased since October, they are still well below their 2021 levels.” Kaiko Analysts at Kaiko pointed out that privacy tokens have increasingly been delisted by major platforms due to regulatory pressure over the past few years. This has helped to exacerbate the decline in liquidity during the crypto bear market. Both XMR and ZEC are currently at high risk of being...