Welcome to BitCast I tend to find myself getting lost with all these new cryptocurrencies coming out, it’s almost like we’re at the point of too many fakes trying to make a quick buck. So I go back to the roots of crypto, the most private coin or at least the most popular private coin

Monero (XMR)

Fun Fact

Monero forked from Bytecoin
Given that it is/was a fork of Bytecoin, Monero inherited (almost) all of its code/software. That is, there were a couple of small changes (e.g. different block time and emission schedule if I recall correctly), but almost all of the code was similar to that of Bytecoin. Over the years Monero has largely deviated from the Bytecoin (and CryptoNote) code. The progression can be read in the 2014 and 2015 year in review.

The price of XMR sky rocketed in 2017 from $15-$20 to over $400 at one point, I believe the anonymity of the coin paired with bitcoin pumping was reason the price jumped. In the near future I believe there will be another pump in which XMR with reach $950-$1100 ! This isn’t financial advice just my opinion, I hope you enjoyed this post. For more of my thoughts on cryptocurrency please click the bitCast link in my signature to listen to my podcast have a great day !

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