• XMR’s social activity topped all other altcoins, and its price also increased.
• The AO formed higher highs and rose into the positive region, this could take XMR to $150.
• With the CMF at 0.06, XMR may present a buying opportunity between $143 to $145.

Monero (XMR), known for its strong emphasis on privacy and anonymity, has captured the attention of market participants for its increasing presence in social discussions. Social media platforms have become a significant driver of market sentiment and price movements for various cryptocurrencies, and Monero is no exception.

Interestingly, as discussions around privacy and decentralized finance soared, XMR became a subject of interest on August 20, as it got named “coin of the day.”

However, while social hype can contribute to short-term price surges, the sustainability of such gains and their correl…

The post Can Monero’s (XMR) Social Activity Hike Keep the Price Soaring? appeared first on Coin Edition.

• XMR’s social activity topped all other altcoins, and its price also increased.
• The AO formed higher highs and rose into the positive region, this could take XMR to $150.
• With the CMF at 0.06, XMR may present a buying opportunity between $143 to $145.

Monero (XMR), known for its strong emphasis on privacy and anonymity, has captured the attention of market participants for its increasing presence in social discussions. Social media platforms have become a significant driver of market sentiment and price movements for various cryptocurrencies, and Monero is no exception.

Interestingly, as discussions around privacy and decentralized finance soared, XMR became a subject of interest on August 20, as it got named “coin of the day.”

However, while social hype can contribute to short-term price surges, the sustainability of such gains and their correl…

The post Can Monero’s (XMR) Social Activity Hike Keep the Price Soaring? appeared first on Coin Edition.