5 Major Reasons Why Monero Has Spiked

5 Major Reasons Why Monero Has Spiked

Monero (XMR), a privacy-focused open source cryptocurrency, has agitated the digital currency community after demonstrating a nearly 100% increase in price over a 6-day period, from August 24th-30th. Users and investors of the currency, which has been around for over two years, have questioned the factors behind the sudden increase in the price of Monero. At the moment, experts suggest that there should have been at least five major factors which triggered the value of Monero: the integration of Monero by darknet marketplaces, continuous support of experts, legitimate cryptography, a rise....


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Quotes

The Federal Reserve system hates it! They would love to kill it. They’re attacking it any way they can, but they will fail. This is what we’ve been waiting for! This is the Cyber Christ moment. This is when the activists that having been pushing against the Fed are gonna win with Bitcoin.

Max Keiser, Investor and Journalist