Post
Topic
Board Altcoin Discussion
Re: Will Monero Reach $500 in 2019?
by
mr_random
on 02/06/2019, 06:17:37 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?

The coin is very promising. Having looked at the charts on the https://coinmarketcap.com/currencies/monero/, I saw that the price for it was 441 dollars, which fully confirms your assumption about the future price. I want to believe that it will be worth much more. The popularity of anonymous cryptocurrency is only growing.

Some investors don't understand the concept of anonymity in the digital era. That's why the interest is not high to the anonym coins like Monero but XMR will find its real value in the real bull market. Current price is a garbage and bull market will make it clear for all altcoins.