Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Hueristic
on 07/08/2019, 00:06:35 UTC
I didn't see us going under 014. We haven't really ever recovered from that drop.

I'm with you on that one.

Nice to see XMR back in the top 10 on CMC...

Cool, I hadn't noticed.

It's basically because XMR is a little more resilient than other coins.   Under 0.01 was the one I thought was 'the Rubicon'.  But TBH - Monero has seemed a little tougher in not dropping quite as much as the rest of the alt market, it doesn't want to go lower.  LTC is not far off the XMR price right now, which surprises me after the LTC halvening.

August spike due, perhaps - XMR has historically had one, if usually short-lived...

LTC has so much less utility than Monero that I just find it insane its cap is still larger at all. Seriously the only thing I have ever thought LTC was good for is to move coins between exchanges.