Quote from: colinistheman on July 10, 2024, 01:41:42 PM

The all time high price for the Monero is 178$ and now the price of the Monero around 154$.So their is not huge difference and the same may happen in few months in the upcoming bull run.Many traders know the fact Monero is the decentralised cryptocurrency,So the price may increase to any value in a single day.The demand of the Monero was still exist like the bitcoin,So the Monero holders can make the good money by investing in the Monero.But the patience is not followed by many traders may leads to loss.

I don’t know what chart you were looking at but Monero was over $500 in 2018. It is down over 70% since then. Growing adoption does not necessarily correlate with an increase in price. Litecoin is another example. Their daily transactions have increased a lot and it is used more than Bitcoin with some payment processors like BitPay, yet the price is 80% below its all time high.