Institutions increase the position in anonymous coins, privacy concepts are being followed.

Recent data shows that the custody assets of a well-known Crypto Assets investment fund have reached $11.7 billion. It is worth noting that on November 23, the fund significantly increased its holdings in several mainstream Crypto Assets, with the highest increase being in an anonymous concept coin.

This anonymous concept coin is a secondary fork of another privacy coin's fork. It completed its first halving at block height 840000 on November 23, reducing the block reward from the original 12.5 tokens to 6.25, a total reward reduction of 50%.

This series of actions reflects institutional investors' ongoing interest in the Crypto Assets market, particularly the increasing interest in privacy-focused coins. At the same time, the halving event may impact the supply and price of this coin, making it worthwhile for market participants to closely monitor subsequent developments.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
SigmaValidatorvip
· 08-17 12:42
Privacy Coin To da moon again
View OriginalReply0
SatoshiChallengervip
· 08-15 21:29
Secondary forks must trigger explosions.
View OriginalReply0
AltcoinAnalystvip
· 08-14 16:55
Pay attention to risk management.
View OriginalReply0
MevShadowrangervip
· 08-14 16:55
Halving bullish pressure is significant.
View OriginalReply0
RektCoastervip
· 08-14 16:52
Privacy Coin is truly appealing to follow up on.
View OriginalReply0
QuorumVotervip
· 08-14 16:49
Favourable Information for the Privacy Coin market
View OriginalReply0
LidoStakeAddictvip
· 08-14 16:28
bullish anonymous coin trend
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)