Why Monero Is Skyrocketing Today

As of 10:30 a.m. EDT Monday, Monero (CRYPTO:XMR) coins were changing hands at $321.35 apiece — up 14.55% over the prior 24 hours on very heavy trading volume. The token’s rally was part of a broader cryptocurrency upswing, and also propelled by growing concerns about Bitcoin‘s (CRYPTO:BTC) non-fungibility problem. Monero is the largest privacy cryptocurrency in the world, with a market cap of $5.76 billion.  

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