MimbleWimbleCoin (MWC), a privacy-focused cryptocurrency implementing the MimbleWimble protocol, has surged 21.1% in the past 24 hours, reaching $12.97 as of February 28, 2026, according to market data.
The privacy coin’s dramatic price movement saw it climb from a 24-hour low of $9.79 to a high of $13.01, representing a trading range of over 32%. The rally pushed MWC’s market capitalization to $137.9 million, a 12.8% increase worth approximately $15.6 million in added value.
Trading Activity Intensifies
Trading volume for MWC reached $129,731 in the 24-hour period, indicating increased market interest in the privacy-focused asset. The coin also posted a 19.2% gain in the past hour alone, suggesting accelerating momentum during the latest trading session.
MimbleWimbleCoin currently ranks #211 by market capitalization with a circulating supply of 11,001,769 MWC out of a maximum supply of 20 million tokens. This represents approximately 55% of the total token supply currently in circulation.
Recent Price Context
Despite today’s strong performance, MWC remains down 8.1% over the past seven days and has declined 41.2% over the past 30 days. The cryptocurrency is trading approximately 67% below its all-time high of $38.81, which was reached on January 31, 2025, just over one month ago.
The current price of $12.97 represents a significant recovery from MWC’s all-time low of $0.30 recorded in December 2019, marking a gain of more than 3,867% from that nadir.
MimbleWimble Protocol Focus
MimbleWimbleCoin implements the MimbleWimble protocol, which emphasizes privacy and fungibility in cryptocurrency transactions. The protocol uses confidential transactions and cut-through technology to enhance privacy while maintaining blockchain scalability.
The privacy coin sector has experienced renewed attention as cryptocurrency investors reassess portfolio allocations amid evolving regulatory frameworks and privacy concerns in the digital asset space.
With its fully diluted valuation at $137.9 million based on the maximum supply of 20 million tokens, MWC’s current surge may attract additional attention from privacy-focused cryptocurrency investors monitoring the sector.
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About the Author: Ananya Melhotra
