Monero price is defying gravity as other cryptocurrencies slump. The XMR token is trading at $240, which is about 10% above the lowest level this week. This price is slightly below the year-to-date high of $252. As a result, its total market cap has risen to more than $4.3 billion.
Why is XMR rising?
Cryptocurrencies are having a difficult time as investors continue worrying about the global economy as inflation soars. Bitcoin, the biggest cryptocurrency in the world, has moved below $40,000…
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