The Monero price is retreating after it surged by more than 20% yesterday. It is up by more than 12% in the past 24 hours bringing the past seven-day gains to 21%. The XMR is trading at $385, which is 9% below the intraday high of $425. Its market cap has surged to more than $7 billion and is now the 22nd-biggest digital currency in the world.
The background: Monero is a fast-growing digital currency that was started in 2014. It is a widely accepted currency that is…
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