The market fluctuates. This is always the case. The key is to manage our psychology and avoid losing even more money. Furthermore, if we keep our transactions anonymous in this market, it becomes impossible for others to imitate us, and no one will share in our profits. @0xMiden co founder Azeem Khan @azeemk addressed these issues in a podcast.
I agree with Azeem on some points. 95% of current cryptocurrency usage is speculation, but mass adoption is unlikely to come to this market without the arrival of large institutions. For institutions to enter, privacy and compliance must be combined so that everyone feels secure.
Furthermore, there was significant hype around ZK for a while, but then it faded. Now it's back. However, the privacy hype hasn't fully kicked in yet. By combining ZK technology with a completely private account model, Miden has the potential to lay the groundwork for this trend, which hasn't yet been priced in.
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