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Adnan Riaz89
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Adnan Riaz89
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#EUPrivacyCoinBan New AML rules has been passed by the EU for banning Privacy coins by 2027 also banning anonymous accounts and privacy coins like Monero(XMR).
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The extreme volatility and recent collapse of OM, investing now carries very high risk. Here are key points to help you decide: Reasons to Be Cautious Confidence is still low: The price hasn't recovered significantly, which suggests investors are still skeptical. Extreme volatility: A sudden drop like this can easily happen again, especially if liquidity is still thin. Unknowns remain: Despite the team’s response, there's still uncertainty about what exactly triggered the crash and if it could repeat. Technical indicators: Analysts are still seeing bearish signals, meaning the price could go even lower. Reasons Some Might Consider Investing "Buy the dip" strategy: If you truly believe in the long-term fundamentals of the project, this might be seen as a discount entry point. Token burn and decentralization plans: The team is trying to restore trust by burning tokens and reducing internal control. My Advice Unless you: thoroughly research OM's fundamentals, are prepared for high risk, and only invest a small amount you’re willing to lose. It’s better to wait and observe how the project and market react over the next few weeks. $OM
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