Is the market crashing? Check out these two coins that quietly doubled in value

Open the market software, and market sentiment can be described as a complete mess. Bitcoin (BTC) has deeply corrected from its December highs, once falling below $85,000, and Ethereum (ETH) has dropped even more sharply. Panic spreads, with over $2 billion in liquidations across the entire network in 24 hours, causing heavy losses for longs.

However, if you take a closer look at the corner that many new entrants have forgotten amidst the sea of losses—the Privacy Coins—you will be surprised to find that this is actually a “parallel world.”

The data is in front of you, with a striking contrast:

Zcash (ZEC): This once top-tier project has quietly risen over 700% since early October amid a broad market decline.

Dash (DASH): The veteran “Dash,” also known as “DASH,” has gained nearly 200% against the trend during this round of market plunge.

Against the backdrop of the entire market being “muddy and chaotic,” these independent trends stand out. Many newcomers are asking: These coins, which sound like they’re from the last century, why are they suddenly “resurrected”?

Why them? It’s not just “recycling old news”

To understand this wave of surges, we don’t need to delve into complex zero-knowledge proof papers; we only need to grasp the most basic “human needs” and “funding logic” in the current market.

1. The “Rebellious Psychology” of the Transparent World Today’s blockchain world is becoming increasingly transparent. Every transfer and interaction on the chain is like carrying money in a transparent glass piggy bank walking down the street. As on-chain analysis tools become more powerful, whale wallets are being watched by countless eyes.

At this point, privacy coins are like a black safe. When the market is panicking, regulations tighten, or geopolitical tensions rise, large funds often need to “hide” more than retail investors. Capital flowing into privacy coins is essentially buying a “financial invisibility cloak.”

2. “Value Reversion” After Extreme Undervaluation In the past bull market, privacy coins were almost “discriminated” against. Due to fears of delisting from exchanges and regulatory crackdowns, their prices were pushed to the floor. ZEC and DASH’s market caps before their price surges were even lower than some newly born meme coins (like Dogecoin).

When prices hit rock bottom, even a small positive catalyst can trigger a surprisingly strong rebound, like a compressed spring. This is a typical oversold rebound logic.

3. The Awakening of Hedging Properties Many regard Bitcoin as digital gold, but in extreme market conditions, Bitcoin still exhibits high volatility. Privacy coins, due to their special “anti-censorship” features, are seen by some funds as genuine “hedge assets” during certain periods. This wave of market movement tells us: during market corrections, assets with unique functions often can move independently.

4. Is it a “Safe Haven” or a “Trap”? Watching ZEC multiply sevenfold, many start to worry: Is it still too late to chase in now?

While the market is tempting, a cold shower is necessary for those with impulsive minds—clarify the current risks:

• Sector rotation, not an eternal bull market: The crypto market has a clear “wave of wind and water” characteristic. When mainstream coins (BTC/ETH/SOL) rest, funds seek undervalued dips to speculate. Once mainstream coins stabilize and rebound, funds are likely to withdraw from privacy coins and flow back into the main tracks.

• Regulatory Damocles’ sword: The biggest risk for privacy coins always comes from regulation. Although prices have risen, the global regulatory stance against privacy transactions has not fundamentally changed. Exchanges may suspend deposits and withdrawals or delist related tokens at any time due to compliance pressures—these are landmines hidden beneath the upward candlesticks.

• Liquidity risk: Compared to mainstream coins, veteran privacy coins have relatively shallow order books. They can rise quickly but may also be instantly cut in half when falling.

Finally, a word

The current explosion of privacy coins is not a signal for you to blindly “go all-in” on ZEC, but rather a lesson in “reverse thinking.”

When everyone is chasing the hottest AI and Meme projects, the safest profits are often hidden in those “technically solid but temporarily overlooked” corners.

Privacy is the last bastion of Web3. As long as people’s desire for “financial freedom” and “data sovereignty” persists, the spark of privacy coins will not go out. But for ordinary investors, it might be wiser to treat them as a very small “defensive satellite position” in asset allocation rather than a lottery ticket for quick riches. **$ZEC **$HAEDAL **$DAO **