[Bonk Guy: This Cycle is a 'Privacy Cycle,' Privacy Protocol MASK is Undervalued] BlockBeats News, October 21 — Renowned trader Bonk Guy posted that the current market is exhibiting characteristics of a 'Privacy Cycle.' He noted that since yesterday, Bitcoin ($BTC) has risen approximately 3%, Zcash ($ZEC) has surged 16%, and the market capitalization has increased by over $3 billion. He stated that MASK's current market capitalization is around $26 million, with protocol transaction volume and fees continuously hitting all-time highs. Citing DefiLlama data, he mentioned that MASK ranks first among privacy protocols in terms of revenue, generating more income than the combined total of the next 10 privacy protocols. In comparison, ZEC's newly added market capitalization over the past 24 hours is approximately 115 times MASK's total market capitalization. Bonk Guy also highlighted that MASK's deployment on Solana is set to go live in a few days, which is expected to further drive growth in usage, transaction volume, and fees. He continues to regard MASK as the most undervalued privacy protocol in the crypto market. [Original Link]