Today Monero is listed as a front-page trending coin on Coinmarketcap
But it isn’t rising that much ($148.81 from the low of $137), it’s just that it didn’t collapse with coins primarily traded on centralized exchanges. Monero’s attitude of “use it” over hodl & leverage keeps it stable.
And special to this situation, as I’ve written about earlier, this entire collapse is triggered by Japanese yen carry trades. Monero’s history of being banned from the Japanese exchanges, makes it so that very few people long XMR/JPY on leverage
https://simplifiedprivacy.com/Monero-Japenese-Yen/index.html
Lol wut. The featured image shows bitcoin going up and monero going down
It had less volatility over the period of time, as measured by the algo. It might help to read the actual information before mouthing off
I read it, I understand that. Which is why the image is so poorly suited for the article. That irony is why its funny.
Don’t be so defensive.