It looks like price is settling around 0.0214 btc... Volume is dropping a little as well ( on poloniex ). Does this mean the run up is over ( for now ) ?
I rather hope it is a long stable rise, XMR is one of my favourite coins and have huge potential.
More and more investors notice it.
I really couldn't understand the reason behind monero's success. I was targeting $200 for monero and I already sold my holdings before we get there and after all, it reached and passed $300. This is big.
The difference is that monero actually fill a market need. In the world of private fungible crypto currencies monero is the bitcoin. And in the world of crypto currencies what monero represents is similarly, if not more, important than bitcoin it's self. Don't think of this project the same way that you do the 1000 projects out there that are like "hey look at our neat gimmick!". Plenty of money to be made trading them around to be sure but don't confuse this with them. If you are good at making money trading around the gimmick coins than what I would do is think of monero as a good place to take some of your profit from those activities.