Even if indeed the Shiba Inu will undergo an update to become a privacy coin through support from the Bermuda dApp and the rollout of the Layer-2 Shibarium protocol. Although it is possible to convert ordinary coins into privacy coins, the impact of this change depends on the technical factors and features introduced by the coin project. Changing to a privacy coin does not guarantee a significant increase in price, as the value of the coin is affected by various factors such as market demand, adoption and investor sentiment.
Many privacy coins like Monero and ZCash have problems with regulators and delisting on the exchanges. It is hard to develop a coin which is privacy.
True, privacy coins like Monero and ZCash often face challenges with regulators and are delisted on exchanges. This is due to concerns about the use of privacy coins for illegal activities such as money laundering and drug trafficking. Regulators and exchanges often seek to increase transparency and compliance with financial regulations. As a result, the development and acceptance of privacy coins has become difficult due to stricter regulations and resistance from some exchanges. This poses a challenge for developers to face the challenges of regulators and strike a balance between privacy and compliance with the law.
Privacy is very good for simple people but it is risky to regulators. Regulators can not contrall privacy coins and transactions in privacy coins and they want to bun privacy coins.