Trader Bonk Guy described the current market as a “privacy cycle,” according to comments reported by BlockBeats on Oct. 21. He pointed to Bitcoin rising about 3% and ZEC gaining 16% since the prior day, with more than $3 billion added to market capitalization in the cited snapshot.
MASK revenue and market-cap comparison
BlockBeats said Bonk Guy cited DefiLlama data that placed MASK first among privacy protocols by revenue. The report said MASK’s market capitalization was about $26 million and that its protocol trading volume and fees were continuing to set records. The cited comparison said MASK’s revenue exceeded the combined revenue of the next 10 privacy protocols.
BlockBeats also reported that ZEC’s market-cap increase over the prior 24 hours was about 115 times MASK’s total market capitalization. These figures are a time-sensitive snapshot attributed to Bonk Guy and the cited data.
Expected Solana deployment
Bonk Guy said MASK’s deployment on Solana was expected to go live within days and could increase usage, trading volume and fees. He called MASK the most undervalued privacy protocol in crypto. The Solana timing and the “undervalued” label are his expectations and opinion, not confirmed outcomes.