The price of Monero rose more than 120% in the last few days. It is a good coin with anonymity, It might replace bitcoin.
I highly doubt that. We see huge spikes and falls on daily basis on many alt coins, and this 120% rise in price would probably be another pump and dump attempt.
I am a bit afraid of Monero power too but is needed. More anonymity is needed in the crypto world. I don't think that it will replace bitcoin, we have seen Ethereum before claiming to be the best thing and that it had a bright future yet they got hacked and a major flaw in its security protocol were breaked. Now it is fixed but this tells us that Bitcoin hardly can be replaced by any other crypto currency. And even if that happens we switch to the new one but this for me is not going to happen.