Odaily News: Waning interest in privacy cryptocurrencies will cause the market to drop $440 million in 2023. Historical data shows that as of January 27, 2023, the total market value of the top privacy tokens was US$6.44 billion, and today the market value is hovering at US$6 billion. The data shows that the value of the entire privacy cryptocurrency fell by 6.83% when measured in US dollars. Google Trends data further shows that interest in “privacy coins” was noticeable long before Satoshi Nakamoto launched Bitcoin. In December 2017, the search term privacy coin scored 80 points (out of 100 points), indicating that the market has high interest in privacy coins. However, interest has since declined and dropped significantly to a score of 7 out of 100 in November 2023. Discussions about privacy coins on social platforms such as X Platform and Reddit have also decreased compared with previous years.