Why Monero Was One of the Best-Performing Cryptos This Week

What happened

This week has certainly been an interesting one in the crypto market. For privacy token Monero (CRYPTO:XMR), some of the headwinds facing cryptocurrencies in general have turned out to be a positive catalyst for this token. Since last Friday’s close, Monero has appreciated 13.8% as of 11:30 a.m. ET today.

Most major cryptocurrencies are up over the past seven days. However, Monero’s increase has outpaced most of its large-cap peers due…

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