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Monero (XMR) relatively performed well today but still in a bearish mode. It was however not the same with the other cryptocuurencies that were on a uphill climb. Monero’s color in the trading was green and can probably do even better. It won’t be anytime soon though that the bullish trading will replace the bear markets. Whatever the results may be, Monero is currently selling at $141.33.
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Monero did reach a peak in January 2018 at $494 but it’s in a decline since that time, but you have to wonder what causes these price changes. Many believe that it is the rising popularity of Monero in the illegal trade market- because of the identity and transaction privacy offered by Monero. A lot of factors can contribute to the price of Monero though, but the price of Monero and other coins usually relates to new technology developments and media hype.
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