[Token Analysis] "Bitcoin surges alone during sideways consolidation"... Monero, Dash, Decred, the comeback of privacy coins

TechubNews
BTC-0,87%
DASH-0,76%
DUSK6,37%

As macroeconomic uncertainties such as trade war concerns lead to a weakening of major cryptocurrencies like Bitcoin, the so-called “privacy coins” equipped with enhanced anonymity technology have decoupled from the market downturn and staged independent surges, attracting attention.

According to TokenPost PRO analysis, even amid the stagnation of the overall cryptocurrency market cap, major privacy coins such as Monero, Dash, and DUSK recorded significant gains over the past week.

Monero Breaks 8-Year Resistance, Reaches New High

By market cap, the largest privacy coin Monero recently broke through the 2018 high of $542, entering a “price discovery” phase. XMR briefly surpassed the $640 mark, with strong buying pressure pushing its market cap into the top 15.

Experts point out that Monero’s surge is partly due to the resignation of the development team of its competitor project Zcash, ECC. This has led to funds in the privacy sector concentrating on the most credible Monero. From a technical perspective, breaking through long-term resistance levels and entering a resistance-free zone has also boosted the rally.

DUSK Rises 200% on Technical Strength and Compliance

Among the recent rally, DUSK has shown the most remarkable increase. The coin rose about 200% over the past week, with a 30-day increase exceeding 580%, leading the privacy sector’s gains.

DUSK’s surge is not merely speculative rotation but based on concrete positive news. First, DUSK recently released “DuskEVM,” a solution compatible with Ethereum Virtual Machine, significantly enhancing network scalability. At the same time, it demonstrated innovative technology capable of protecting privacy while complying with EU crypto asset market regulations, boosting expectations of institutional capital inflows. Additionally, its mainnet successfully celebrated its one-year anniversary on January 7, proving network stability and stimulating investor sentiment.

Dash Rises Simultaneously… Short-Term Overheating Warning

Traditional stronghold Dash also briefly reached the $120 mark, rising in tandem with Monero. Market analysts believe that the recent strength of privacy coins may be purely thematic rotation speculation or a sign of market recovery of the fundamental demand for “censorship-resistant” assets under regulatory pressure.

However, the volatility caused by short-term rapid increases warrants caution. According to TradingView analysis, both Monero and Dash are currently experiencing retail FOMO-driven buying, which could lead to price corrections due to short-term overheating.

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