Monero Hits New Record High Above US$54

Описание: Monero (XMR) officially hit a new all-time high above US$545, a level untouched in the past five years. This privacy-focused crypto asset saw a price surge of more than 20% in one week and 120% over the past month, pushing its market capitalization past US$9.5 billion and into the top 20 largest cryptocurrencies.

This price rally was fueled by market concerns about central bank digital currencies (CBDCs) that could track user transactions. Despite facing significant challenges in the form of delisting from global exchanges like Binance and Kraken, demand for Monero has strengthened as an asset protecting financial privacy.

Venture Capitalist Chamath Palihapitiya has further strengthened this sentiment with his prediction of a shift toward private assets resistant to quantum computing. This narrative provides a boost for Monero at a time when its main competitor, Zcash, is faltering due to the abandonment of several developers.

This drastic increase demonstrates the resilience of the privacy-focused crypto sector amidst global regulatory pressures. Monero's performance confirms that despite the limited access to centralized exchanges, the market demand for anonymous and censorship-free financial instruments remains strong as a counterbalance to radical transparency.

#gabrielrey #cryptowave

#crypto #cryptocurrency #blockchain #bitcoin #ekonomi #investasi #belajarcrypto #edukasicrypto #tipskeuangan #keuangan #financialfreedom #samasamabelajar #serunyabelajar #fyp #foryoupage