I'm new to monero and I was looking at putting some money into it. Question, what caused the recent price spike? Was the inflation decreased?
emission decrease daily. it is not same as with BTC where it happened every now and then. in 2 years emission went from like 25k to 9k mined coins a day. So decreased a lot.
Volume on Poloniex increased a lot last months. That was main reason for raise of all altcoins there. Monero raised more since it was undervalued in beginning of year.