Quote from: Amalker on March 20, 2019, 04:51:55 AM

Quote from: Crypto_Meet on March 12, 2019, 07:52:07 AM

There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.

You can find detail info also here: Monero Price Prediction

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?

Only if BTC will overcome $40k. I guess better to look closely to Mimblewimble protocol (Beam and Grin altcoins) with new fresh ideas.

No, if BTC reaches something around $12000 I think chances are good to see XMR go back to $500.