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Feb 04
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AVOID
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Azeem Khan
Co-founder of Miden
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Khan notes the recent rally in privacy coins "looked like a coordinated pump" and describes it as the market looking for a "new meta" or "shiny thing" to chase for 3-4 months before moving on. The price action is driven by speculative narrative rotation, not fundamental adoption or regulatory breakthroughs. With 2026 being an election year where no privacy bills will pass, there is no structural catalyst to sustain these valuations once the narrative shifts. Avoid chasing the rally in legacy privacy coins; the move is likely transient and lacks institutional backing. A sudden, unexpected geopolitical event could drive capital flight into non-sovereign privacy assets regardless of regulation. |
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