Hoskinson’s announcement threat or opportunity for Monero?- XMR price could suffer

• Charles Hoskinson announced a possible launch of privacy protocol on ADA. 
• The price may be affected inversely.
• The volume increased by more than 78%.

The privacy-protocol-based platform, Monero (XMR), got a new competitor in the market, as was announced by Charles Hoskinson that Cardano could launch a new privacy protocol. As per the reports, the later-mentioned platform is planning to launch a privacy base protocol, which kind of resembles the Monero protocol but may be better. 

This…