In the past two weeks, while Bitcoin has been fluctuating like a grumpy old man, and Ethereum occasionally jolts down, there has been a coin that unexpectedly soared to the sky, creating a shockwave across the market.
No warning, no comedy – just simply 12 times in 14 days, pushing the price up to nearly 750 USD and causing the community to panic and shout at each other:
"If BTC is fine, what if this one turns out to be a lifelong regret!"
As a market follower for 5 years, I must say bluntly: This is not a meaningless pump. This is a 'growth triangle' event: the story – the cash flow – and the ecosystem are all exploding.
1. 'Unusual Surge': While the Whole Market Is Tired, It Climbs Straight Up
While numerous altcoins are 'going to sleep', this coin is charting like a rocket:
Does not follow BTC.
Does not follow the market.
Does not decrease when the big players take profits.
A rare vertical surge seen in many years.
Don't rush to think this is a pump-and-dump scheme. These counter-market rallies only happen when there is strong capital behind, a big enough story, and an active pull.
2. First Reason: 'Privacy' Suddenly Becomes the Hottest Topic
In the crypto world, 'privacy' is always a quiet but extremely important branch.
Whenever there is a legal change, or when the market craves a new story, it immediately becomes the focal point.
At that moment, a series of big names spoke up, especially the former co-founder of BitMEX publicly predicting that this asset would become a strong growth asset when the US market stabilizes.
Shark's words are not for fun – but a way to bait the market's psychology.
But more notably: Maelstrom Fund – a well-known investment organization – has made this coin the second largest liquid asset in its portfolio, only after BTC.
Not a meme coin.
Not junk tokens.
A large fund actively increasing its proportion – that is a signal that cannot be ignored.
3. Second Reason: Large Funds Are 'Hiding' in Private Addresses
If you want to know what the sharks think, look at what they do on the chain.
The latest data shows:
More than 5 million VND has been allocated to the private pool
Accounts for more than 30% of the total supply
Strong growth rate since the beginning of October
For professionals, this behavior is too clear:
Those who want to offload don't need to hide. Those who want to hold – just put it into private.
To be blunt: The sharks are quietly 'locking up their goods'.
4. Third Reason: Upgraded Ecosystem – A Wave of New People Pouring In
The newly launched Zashi wallet may seem small, but it is a powerful catalyst:
Previously, privacy coins were hard to use, with many cumbersome operations
Now the wallet is smoother, easier to use
Common players are starting to participate
When one side is the shark locking assets, and the other side is newcomers continuously pouring in, supply – demand is completely skewed. Prices can only go one way: up.
5. But Behind the Light Is a Deep Abyss: The Market Is Overloaded with Risks
When the price increases 12 times, everyone is excited. But this number is what’s truly scary:
More than 10 billion USD open interest – the highest in history
Leverage is skyrocketing
Both buy and sell positions are 'gambling' with the market
Even within an hour, the liquidation amount of this coin exceeded both BTC and ETH, more than 6 million USD was 'evaporated' in an instant.
The most famous is a trader with address 0xc2a3: continuously opening short positions with high leverage, got stunned by the market – losing more than 30 million USD.
This is no longer a healthy uptrend. This is a market-level casino.
6. So What Should Newcomers Do? – One Sentence: Don't Be Greedy
Want to participate?
✔️ Enter with a small amount, consider it an experiment.
Are you on the sidelines?
✔️ Consider it a market lesson, don't get lured in by FOMO at the peak.
Because: The crypto market is not short of opportunities, but lacks survivors who last long enough to meet the next opportunity.
Hold capital – and you will see many more 'growth monsters' coming.
