$ZEC Recently it has been very strong, so the market has begun packaging it as “the privacy coin resurgence.”
If it really were a sector rotation, XMR, DASH, and other privacy projects should receive funds and trading volume in sync. More often than not, it’s only ZEC that is drawing attention, while other similar assets have not formed sustained follow-through.
ZEC has catalysts, a tradable product, and support from trend-driven capital, but these factors can only explain why ZEC is rising—they cannot prove that the entire privacy track has been repriced again.
The biggest issue with a single-coin rally is that people first use price to validate the narrative, and then use the narrative to explain the price.
ZEC can keep being strong, but as long as other privacy coins haven’t caught up, this is still a ZEC-driven move, not a privacy-coin bull market.#币安将上市Hyperliquid（HYPE）
If it really were a sector rotation, XMR, DASH, and other privacy projects should receive funds and trading volume in sync. More often than not, it’s only ZEC that is drawing attention, while other similar assets have not formed sustained follow-through.
ZEC has catalysts, a tradable product, and support from trend-driven capital, but these factors can only explain why ZEC is rising—they cannot prove that the entire privacy track has been repriced again.
The biggest issue with a single-coin rally is that people first use price to validate the narrative, and then use the narrative to explain the price.
ZEC can keep being strong, but as long as other privacy coins haven’t caught up, this is still a ZEC-driven move, not a privacy-coin bull market.#币安将上市Hyperliquid（HYPE）