The magnitude of ZEN's recent pullback is about right, so I took advantage of the price drop to accumulate some spot positions.



The day after tomorrow (the 9th), its mainnet will officially launch on the Base L2 network, which is a significant catalyst. Additionally, on the 15th, the US SEC will be holding a meeting to discuss matters related to the privacy sector, so I expect this track might gain some attention then.

Looking at the timing, these two events are pretty close together. With the technicals lining up with the news, it feels like there could be a rally. Of course, no one can predict the market for sure, but at least the logic makes sense.
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MoonMathMagicvip
· 44m ago
Yeah, seriously, the timing of the Base mainnet launch and the SEC meeting is spot on—that's the kind of rhythm I like. With a double catalyst, it's definitely easier to stir up some action, but it still depends on whether retail investors are willing to jump in. Every time the SEC holds a meeting, privacy coins get active—this playbook has been used for years. Getting in early is definitely smart. I don't really dare to go all in, but taking a position in some spot holdings is a good idea—what if it really takes off, right? This logic chain does make sense. Now it's all up to market sentiment anyway—I'm holding on to my stash as well.
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GasFeeSobbervip
· 12-08 00:48
Can't hold it in anymore, are privacy coins about to take off after the SEC meeting? --- The mainnet launch combined with the policy direction, this pace is definitely interesting. --- I also put in a bit, just waiting to see if Base on the 9th will deliver. --- Although the logic makes sense, I skipped this pit—too many uncertainties. --- Getting official attention on the privacy sector is actually a good thing? That's a really skewed perspective. --- Just because the sector is hot doesn't mean the coin is hot, don't get fooled. --- Two catalysts overlapping, you can take a short-term gamble. --- The SEC meeting is actually bearish, in my opinion—better lower your expectations.
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NotFinancialAdvicevip
· 12-07 20:48
Mainnet launch on the 9th, SEC meeting on the 15th—this schedule is pretty tight. This move definitely has some substance, now it’s up to the market to see how it plays out.
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MrRightClickvip
· 12-07 20:42
Wait, is the launch of the Base mainnet reliable? Could it end up being another disappointment?
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BlockDetectivevip
· 12-07 20:42
Bro, the timing is pretty good—Base launches on the 9th + SEC meeting on the 15th—there’s definitely something going on. It still mainly depends on the SEC’s stance; the policy risk for privacy coins is still quite high. Positioning in spot is a solid move, just worried it might get dumped again. As for whether Base can really deliver, that's still up in the air, but logically, there’s no guaranteed profit anyway. I hope this isn’t another one of those “about to skyrocket” situations...
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OnChainDetectivevip
· 12-07 20:33
Wait, the mainnet launch is on the 9th, and the SEC meeting is on the 15th... that's only a 6-day gap. Is it really just a coincidence? The whale wallets I'm monitoring have been very active these past two days, with large transfers flowing to exchanges. It's a bit strange.
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gas_guzzlervip
· 12-07 20:29
Damn, two catalysts so close together, it's really easy to stir things up. I also want to buy the dip but I'm afraid of catching a falling knife. You're really bold. Base mainnet + SEC meeting, this timing is actually pretty good. It's about time for privacy coins to have their turn this cycle, right? But hold on, man, will the SEC really be friendly to privacy coins? Feels like the risks are pretty high too.
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