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Monero Price Prediction

Mar 3, 2023
3 min read

This blog post will cover:

  • XMR statistics
  • XMR Price Prediction
  • Crypto community about Monero

Monero is a digital currency system. Their main prerogative is to give users total control over transactions and complete anonymity. On the official website it is said that with Monero users can be sure that their balance and activity are hidden from the third party. Unlike Bitcoin and Ethereum, Monero uses cryptography that is able to hide sender and receiver addresses. Monero has a lot of followers and we would like to help you go through analytics for XMR price prediction.

If you would like to know more about XMR price, statistics, and price forecasts for XMR, welcome to enjoy this article! In case you are thinking of getting some XMR crypto, we suggest watching this tutorial:

XMR statistics

Let's check the XMR coin statistics shown at the CoinMarketCap service:

Price prediction at 12.09.2023:
XMR price: $174.18577604566192
Market capitalization: $3199526107.8877635
Volume (24h): $113598756.35274254
Circulating supply: 18368469.46130104 XMR
Total supply: 18368469.46130104 XMR

XMR Price Prediction

Price prediction at 12.09.2023:
Minimum XMR price for 2023: $84.40054838709678
Maximum XMR price for 2023: $8142.221000000001
Average XMR price for 2023: $4710.718981182796

Year-end XMR price predictions 2023:
Minimum expected: $84.40054838709678
Maximum expected: $238.8825483870968
Average expected: $162.0927741935484

Crypto community about Monero

We can also take a look at some ideas about the price of XMR in the crypto community.

There is a widespread opinion that Monero shows the best privacy and security level. This fact may affect the XMR price, although now this cryptocurrency is a little undervalued. “#Monero is following in #Bitcoin's footsteps. The tide is turning and those who desire privacy are finally switching to #Monero $XMR. Slowly, then suddenly. (hint: we're about to enter the suddenly part and will see number go up).”

Nonetheless, the number of crypto enthusiasts using Monero is increasing. We can see some posts urging people to choose the Monero coin. For example, @xmr_to made this post about XMR: “The world (including the merchants you're paying) should not see your purchase history and entire financials. #Bitcoin transactions are transparent. Anywhere #BTC is accepted, pay with #XMR instead. Pay the world with #Monero via”

Taking into account all the advantages of Monero coin, people are waiting for the pump in the price of XMR and make price predictions like this one: “#Monero has 5% the number of daily transactions that #BTC does. XMR transactions are a lot cheaper and get confirmed a lot faster, while keeping private the details / identities of all involved, yet XMR's market cap is 1/135 that of BTC. A massive reckoning pump will come.”

To sum up, we can say that the problem of privacy in crypto is getting more and more urgent. That is why the popularity of XMR is increasing, and some people believe that this fact will influence the Monero price in the future.

Thank you for your attention to this topic. SimpleSwap would like to remind you that this article has informational purposes only and does not provide advice on investment. All investments are your personal responsibility.

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