Leading privacy token Monero (XMR) has taken another huge tumble overnight, falling -18%, as it continues to freefall after attempting to breach $800 just six days ago, on January 15. It is now trading at $482, with multiple support levels failing to hold, leading many to wonder where the bottom is and whether this could be the end for the Monero crypto token.

Privacy tokens have enjoyed a bountiful 2025 and a strong start to 2026, but it looks like the steam has run out with Monero down -32.5% in the past week, while other major privacy token Zcash (ZEC) is down -15% in the same timeframe.

Market Cap

Is it Finally Over for the Privacy Coin Run or Just a Correction?

Monero , a cryptocurrency, started the week under pressure as the broader crypto market cooled, causing privacy coins to decline alongside Bitcoin’s retracement. After several weeks of significant gains, Monero’s price abruptly lost momentum, dropping more than -18% in a single day and breaking through the critical $500 support level.

This shift has changed the market sentiment from quiet confidence to caution, prompting traders to reevaluate whether Monero’s recent rally simply paused at a high or if its overall structure is beginning to deteriorate. The critical aspect of this momentum is the context in which the decline is occurring.

The worrying aspect is just how brutal the rejection from $800 was for XMR, as it hit a new all-time high of $797 just six days ago and instantly rejected, falling over -39% since, losing multiple key support levels in the process.

It is a similar story for Zcash . After tapping $700 in November 2025, it quickly dropped to $338 by early December. While there was a relief bounce back to $540 on January 1, it has once again been a downslide since, and is now trading back in the $300’s, at $360 to be specific.

There is a theory that with global tensions building, with talks of full-blown war on the cards, many traders were seeking privacy tokens as a flight to safety but as things begin to escalate early in 2026, the real flight to safety has been to precious metals such as gold and silver, with privacy coins and the broader crypto market being sold off as a result.

DISCOVER: Top Solana Meme Coins to Buy in June 2026 

What Next for Monero Crypto as Short-Term Structure is Broken

Monero’s price chart indicates clear signs of momentum exhaustion. Over the past few sessions, XMR has been trading within a rising channel, characterized by a series of higher lows that defined its recent uptrend.

However, this structure began to weaken when the XMR price failed to sustain the $600 to $620 resistance zone. This rejection led to a return to the channel’s area, followed by a decisive move below the channel’s midpoint.

As a result of this rejection, short-term control shifted to sellers. The increase in trading volume during the decline confirms that this move was fueled by active selling rather than thin liquidity.

Consequently, Monero’s price has lost another crucial support level at $500, and demand is now being tested at $482. Until Monero crypto can reclaim $500, the current price action slightly tilts the near-term bias toward a bearish outlook.

Monero crypto has tanked over -38% since its all-time high of $797 just six days ago, leading to many claims that privacy coins are done

(SOURCE: TradingView)

Is Demand for Bitcoin Hyper (HYPER) a Factor in the Sell-Off for Monero Crypto?

Smart crypto investors have found a loophole to get around the ongoing market volatility: park cash in blue-chip tokens that are still in presale and thus not at the mercy of these price swings.

Bitcoin Hyper (HYPER) is the perfect example, having raised over $30.8M to date, with more investment pouring in every day as savvy investors exit positions in tokens such as Monero crypto and choose high-profile presales instead.

Not only is HYPER still in presale and not experiencing the ongoing volatility, but the ICO has also adopted a progressive funding round model, meaning that the price per HYPER rises throughout the presale, locking in profits for anyone who is in before the timer hits zero and the next round begins.

HYPER is currently trading at $0.013615, and there are just over 24 hours left until the timer hits zero and the price goes up, securing profits for anyone in at this level or before.

What is Bitcoin Hyper (HYPER) and why is it one of the Hottest Presale Launches for 2026?

As for what Bitcoin Hyper is, it is a Layer-2 protocol for Bitcoin’s core network. Unlike Ethereum, which has numerous Layer-2 solutions competing for a limited pool of liquidity, HYPER is entering an untapped market with Bitcoin.

HYPER’s ultimate goal is to develop a fully-fledged ecosystem for Bitcoin, similar to those on leading blockchains such as Ethereum, Binance Smart Chain, and Solana.

Bitcoin Hyper has built its Layer-2 solution using rollup technology. It batch-processes transactions from the Bitcoin mainnet, settles them off-chain via the Solana Virtual Machine (SVM), and then returns them to Bitcoin for final settlement. This approach ensures breakneck transaction speeds and low fees.

To join the HYPER army, visit the Bitcoin Hyper presale website. You can make your purchase using ETH, USDT, BNB, or a bank card.

Join the Bitcoin Hyper community and stay in the loop with all project updates via Telegram and X.

Visit HYPER Here

EXPLORE: The 12+ Hottest Crypto Presales to Buy Right Now 

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More

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