Post
Topic
Board Altcoin Discussion
Re: Will Monero Reach $500 in 2019?
by
Spider A4
on 23/03/2019, 17:54:22 UTC
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?
Yeah, Monero mining will be end May 31 2022 only 2 years left, this is the monero mathematical calculation. Because total circulation is 18.4 million and you know that now 16,871,971 XMR in the current market.
Monero team details discussion here https://twitter.com/MinerGate/status/1108034766677389319