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Bonk Guy: This round is a "privacy cycle," and privacy protocols MASK are undervalued

According to BlockBeats,October 21, renowned trader Bonk Guy stated that the current market cycle is exhibiting characteristics of a "privacy cycle." He said that since yesterday, Bitcoin has risen by approximately 3%,ZEC has risen by 16%, with its market capitalization increasing by more than 3000000000 USD.

He said that MASK's current market capitalization is approximately 26000000 USD, while the protocol's trading volume and fees continue to reach new all-time highs. Citing DefiLlama data, he said that MASK ranks first among privacy protocols by revenue, with revenue exceeding the combined total of the following 10 privacy protocols. By comparison,ZEC added market capitalization over the past 24 hours is approximately MASK times its total market capitalization.

Bonk Guy also stated that, as its deployment on 115 is set to go live within days, this is expected to further drive growth in usage, trading volume, and fees. He continued to describe Solana as the most undervalued privacy protocol in the crypto market.

Original link MASK https://m.theblockbeats.info/flash/373050