Privacy-Focused Altcoins Suffer Price Drops After Crypto Exchange OKX Says It Will Delist Monero, Zcash and Dash – The Daily Hodl

A trio of privacy-focused altcoins suffered decreased prices stemming from an announcement by Seychelles-based crypto exchange OKX that these tokens no longer fit the company’s listing criteria. OKX stipulated the need for users to cancel orders involving the virtual currencies; delisted pairings included those for stablecoins Tether (USDT) and USDC, in addition to their pairings with cryptocurrency Bitcoin (BTC). Those altcoins- Monero (XRM), Zcash (ZEC), and Dash (DASH) – correspondingly saw personal decreases of 6.5%, 10.4%, and 10.6% in the last 24 hours. Consequently, XMR, Zcash, and Dash trade for $166, $29.20, and $34.05, respectively. OKX similarly recognized to move ahead with the process of culling the virtual coins out its roster, opting to remove the likes of cross-chain protocol Fusion (FSN), layer-2 decentralized exchange (DEX) ZKSpace (ZKS), and zero-knowledge network Horizen (ZEN).

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