After spending a long time in the crypto community, you'll gradually notice a pattern—most of the time, your judgments are actually a mirror of your current mood. Having observed enough market fluctuations, it's even harder to draw casual conclusions.

For this reason, I now prefer to occasionally record some observations rather than make frequent predictions. DUSK is such a project—no hype, no story, easy to completely disappear in the information flow. But over the long term, its presence isn't sustained by hype.

On the surface, $DUSK simply can't attract attention. No frequent marketing actions, no eye-catching price performance. Projects like this are especially easy to overlook in the market. But what's truly interesting is that the Dusk Foundation initially bet all its chips on privacy finance. This choice itself destined it not to be fast.

The integration of privacy and finance, no matter how important, cannot be achieved overnight. Technical difficulty, compliance risks, practical implementation—these things need to be gradually advanced through repeated weighing. Short-term market feedback can't measure this process at all.

What I pay more attention to is the project's behavior during downturns. Some projects, once the market cools, start to change direction desperately trying to attract attention again; others just lie flat, waiting for the wind to blow over. But from current observations, DUSK neither rushes to change course for quick gains nor completely disappears. This stability itself indicates something.

As for the price, I no longer consider it the main basis for judging the project's progress. Price mainly reflects market heat and sentiment, not whether the project is actually solving problems. What's truly important? Whether this team can persist during the lows.