Monero - The underrated Cryptocurrency

in #monero7 years ago

Monero Has gone from trading at $90 last month to almost trading at $300 today!

What makes this Coin go up almost 233% in one month?

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Circulating Supply

With only 15,442,081 coins available in the market this Puts Monero in the top 20 least circulated cryptocurrencies in the world. This creates high demand raising the price of this coin naturally within the markets. This low supply with out a doubt protects this coin from inflation.

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Privacy

Monero is private and untraceable meaning you have control on who can view your transactions. In a world were privacy is now at a all time high, Monero provides complete anonymity to its users. why leave your personal information to banks and financial institutions when you can manage your funds privately?

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Potential for growth

Monero has yet to reach its peak value I easily see this coin going up to $400 in the first Q1 of 2018. Were still in the early stages of Cryptocurrency and Monero is one of those cryptocurrencies that many people overlook. Its still in its ealry stages and has a lot of room to grow into somthing big
the value its at now is a great time to buy or even to Mine!

Overall Verdict

Monero is one of the most underrated coins on the market that often get overlooked by coins like BTC or ETH. With such an undervalued price now is the time to buy or even to Mine!

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