XMR's recent performance has indeed been hot, with the price hitting a new all-time high. The subsequent phenomenon is also quite interesting—suddenly a large number of voices emerged on social platforms, with various hype and optimistic views, almost trying to blow this coin to the sky. But if you look ahead, during the period when XMR hadn't risen yet, did these people mention it even once? They hype up whichever coin rises; this routine is, frankly, a typical case of hindsight bias.

In fact, as early as last year, industry insiders repeatedly emphasized on social platforms that XMR is the true benchmark for anonymous privacy coins in the crypto space—from underlying logic and protocol design to implementation methods, all explained systematically. During that time, ZEC also experienced a rise, and it was specifically reaffirmed that the real leader in the privacy sector has always been XMR.

As a result, after XMR hit a new high yesterday, some opinions came out, and they were even criticized as after-the-fact predictions. Interestingly, those criticizing seemed to have no clear understanding of the situation and rushed to speak. This phenomenon actually reflects a broader issue within the entire crypto ecosystem.

Nowadays, many KOLs follow similar routines—whenever a coin rises, they hype it up, always speaking in a way that fans love to hear, regardless of the risks involved. As for whether fans end up buying at high prices or losing their principal, that’s another matter. If this trend continues long-term, truly capable and honest voices will either choose to remain silent or follow the crowd and echo those uninformed opinions. In the end, the ones who suffer the most are always us ordinary participants.