Monero

Monero avoids crypto market rout, but XMR price still risks 20% drop by June

Monero avoids crypto market rout, but XMR price still risks 20% drop by June

Monero (XMR) has shown a surprising resilience against the United States Federal Reserve’s hawkish policies that pushed the prices of most of its crypto rivals — including the top dog Bitcoin (BTC) — lower last week.  XMR price closed the previous week 2.37% higher at $217, data from Binance shows. In comparison, BTC, which typically influences the broader crypto market, finished the week down 11.55%. The second-largest crypto, Ether (ETH), also plunged 11% in the same period. XMR/USD… Source link

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Does the Reward Outweigh the Risks?

Does the Reward Outweigh the Risks?

InvestorsObserver analysis gives Monero a low risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is… Source link

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What’s Next for This Neutral Rated Crypto?

What’s Next for This Neutral Rated Crypto?

Monero (XMR) gets a neutral rating from InvestorsObserver Saturday. The crypto is down 2.22% to $207.32 while the broader crypto market is down 0.29%. Monero has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Neutral Over the last five days, Monero has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero… Source link

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Monero, Zilliqa, XRP Price Analysis: 07 May

Monero, Zilliqa, XRP Price Analysis: 07 May

Bitcoin has steadied itself within the $35.8k to $36.2k zone and could spend a considerable chunk of the weekend within this area. Monero and Zilliqa looked likely to test their demand areas once more. XRP had a more neutral outlook on shorter timeframes. Monero (XMR) Source: XMR/USDT on TradingView XMR has a bearish outlook on the charts. It has bounced from the $196 level twice now but the second bounce was shallower than the first. This suggested that bears have a strong grip on the… Source link

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3 Cryptos for Jackpot Returns in 2022: FIREPIN (FRPN), Monero (XMR) and Stellar – Coinspeaker

Place/Date: – May 6th, 2022 at 8:15 pm UTC · 3 min read Source: FIREPIN (FRPN) FIREPIN (FRPN), Monero (XMR), and Stellar (XLM) could deliver huge gains in the long term and can be bought in 2022 as they are set to declare new updates that strengthen their ecosystem. All three coins possess unique utility that makes them strong bets for 2022. The FIREPIN ecosystem will house an NFT marketplace and metaverse while Stellar and Monero are also coming up with huge updates and announcements in… Source link

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​​Understanding the Emergence of Different Types of Cryptocurrencies

​​Understanding the Emergence of Different Types of Cryptocurrencies

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists. 1. Mushe (XMU) – seeking to make crypto more accessible Mushe (XMU) is a new cryptocurrency aiming at making crypto more accessible and easy and tackling one of the main issues of existing financial services, namely their unfriendly user interfaces and user experiences. Mushe’s (XMU) team is successfully developing an… Source link

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3 cryptos that could soon skyrocket in 2022: Monero (XMR), Cardano (ADA), and Logarithmic Finance (LOG)

Monero (XMR), Cardano (ADA), and Logarithmic Finance (LOG) could soon skyrocket and provide giant gains, as all 3 cryptos have been accumulated heavily by whales in the past few weeks. The Monero (XMR) network is soon scheduled for a hard fork that would increase security measures on the XMR blockchain, while Cardano (ADA) is improving its NFT marketplaces. Logarithmic Finance (LOG) is a new fundraising platform that will allow investors and project partners to utilise… Source link

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Sell in May and Go Away?

Monero price has not been left behind in the ongoing cryptocurrency sell-off. The XMR token has dropped to a low of $200, which was the lowest level since March 26th. It has declined by more than 32% from the highest level in April, bringing its total market cap to about $3.2 billion. Cryptocurrency sell-off Monero has done better than most cryptocurrencies this year. For example, its price jumped from a low of $132.6 in February to $288 in April. This growth happened as the number of… Source link

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Monero (XMR) To Protect Miners’ Interest By Introducing Tail Emission In 30 Days

Monero (XMR) To Protect Miners’ Interest By Introducing Tail Emission In 30 Days

The Monero community is working on some key measures to guard the interest of its miners. In this regard, Monero (XMR) shall be introducing an upgrade dubbed Tail Emission in the coming days. Tail Emission, as the name suggests, is a “minimum subsidy” “to keep fees reasonable, ensure a lower bound of network security, and enable dynamic block sizes”. As part of tail emission, the Monero community has proposed that miners should get a minimum of 0.6 XMR for every block mined on… Source link

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Monero (XMR) Falls 0.1%, Underperforms the Crypto Market Thursday

Monero (XMR) Falls 0.1%, Underperforms the Crypto Market Thursday

Monero (XMR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has lost 9.72% to $201.16. InvestorsObserver is giving Monero a 35 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Moderately Volatile InvestorsObserver gives Monero a moderate volatility rank of 35, placing it in the bottom 35% of cryptos on the… Source link

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