Although BTC hasn’t broken 90k recently, privacy-focused coins like ZEC have been pretty popular. The core logic is that even in the A-shares market, there’s sector rotation—one moment it’s robotics, the next it’s AI. But now, altcoin speculation feels more like a game against whale manipulators, and the narratives are getting a bit weak. AI and robotics hype projects like sapien are still just memes for now, while the privacy narrative, in a semi-compliant state like this, hasn’t been disproven in a non-efficient market. On the path to gradual compliance in the crypto industry, privacy is a big concern for whales. Aside from secondary market coins that have already TGE’d, I’m also keeping an eye on opportunities in new projects. One hot project, zama, backed by big names like Multicoin Capital and Pantera, is worth a look as a foundational layer in the privacy space.