What will be the future of Monero?

in #monero6 years ago

As of June 2018, its market capitalization stands at $2.6 billion, putting it in the top 15 cryptocurrencies of the world. The total supply of the Monero cryptocurrency (XMR) is about 15.42 million, with a value of $155.89 per unit.

You can easily buy and sell Monero at its best rates from CoinSwitch.

With privacy and anonymity becoming increasingly important in nearly all markets, Monero is very well placed to be at the center of the shift to privacy-centric technology. Monero has a fairly large history amongst the cryptocurrency industry, having launched in 2014. Priced at around $8 during the end of 2016, it rose with rapid pace to touch over $400 - giving its investors an impressive 50x returns in just about a year. As of May 2018, it was trading at upwards of $200 on global exchanges.

Many analysts suggest it will eventually touch $1000 as well, with its increasing adoption and use cases being recognized by a wide range of sources.
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