Investors Shift into DUSK as Privacy-coin Flows Draw Warnings
Beincrypto reports investors are rotating into Dusk (DUSK) after many market participants judged larger privacy coins such as XMR and DASH to be saturated; DUSK has risen more than fourfold since the beginning of the year. On January 19 DUSK jumped about 40% to a high above $0.22 while Bitcoin fell nearly 3% to below $93,000 and many altcoins dropped 5–10%.
Arkham data cited in the report shows DUSK trading volume on centralized exchanges topped $1.4 billion over the past week, the highest in a year, and CoinGecko placed the token among the top four by 24‑hour volume behind ZEC, XMR and DASH. The token’s market capitalization stands at just over $100 million.
The project markets itself on advanced encryption—integrating zero‑knowledge proofs and zk‑SNARKs to conceal transaction details while allowing regulators access—and Hein Dauven, CTO of the Dusk Foundation, said: “Private by default, accountable when required. DUSK shielded transfers hide sender and amount from the public, while the receiver can still verify—and cryptographically prove—who paid them.
Key Topics
Crypto, Dusk, Xmr, Dash, Arkham, Dusk Foundation