Hey everyone, I am an old retail investor, and recently I’ve been digging into some projects with low market cap but real potential. Today I want to talk about Dusk Network and its $DUSK token — purely from the perspective of a coin buyer, with no intention of pump and dump.

Honestly, currently $DUSK is around $0.058, and the entire project has a market cap of only 29 million. In the whole RWA (Real World Asset) track, it’s basically a "bargain". If you are a mid- to long-term player who likes projects with both technical depth, reliable partners, and good execution, this analysis might be worth your two minutes.

Why do I like this project? Let’s go back to the three core dimensions of buying coins: whether the story is compelling, whether the fundamentals are solid, and whether there are catalysts ahead.

Dusk’s story is actually very straightforward. It builds a Layer-1 blockchain focused on "privacy and compliance." The problem lies right here — when real-world assets like stocks and bonds want to go on-chain, institutional investors fear two things: data leaks of privacy information and failure to pass regulatory scrutiny. Dusk aims to solve these two pain points, making big players like banks and fund managers comfortable to put hundreds of millions or even billions of euros on the chain.

Looking at it from another angle, this isn’t about炒什么新概念币 (speculating on a new concept coin), but about building an infrastructure that traditional financial institutions can trust.

From a fundamental perspective, Dusk is not just talk. The mainnet has already been built, and the technical framework is in place. The key point is that the EU’s MiCA regulation will be fully implemented by 2026. Once that happens, when traditional financial institutions flood into on-chain finance, Dusk will become their "safe passage" into the space. Think through this logical chain carefully — it’s definitely not empty talk.