Coin News: Monero's price surged above $567 on Sunday, reaching an all-time high. This rally extends a trend that began at the end of last year, when privacy tokens demonstrated greater resilience compared to the broader crypto market. Although Monero has broken through the 2017 bull cycle high for the first time in eight years, Ryan McMillin, Chief Investment Officer of Merkle Tree Capital, stated that since privacy coins are primarily traded on offshore exchanges, concentrated liquidity could lead to fragmented price discovery and amplified volatility, requiring investors to remain vigilant against short-term price manipulation risks.
Xem bản gốc
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
Coin News: Monero's price surged above $567 on Sunday, reaching an all-time high. This rally extends a trend that began at the end of last year, when privacy tokens demonstrated greater resilience compared to the broader crypto market. Although Monero has broken through the 2017 bull cycle high for the first time in eight years, Ryan McMillin, Chief Investment Officer of Merkle Tree Capital, stated that since privacy coins are primarily traded on offshore exchanges, concentrated liquidity could lead to fragmented price discovery and amplified volatility, requiring investors to remain vigilant against short-term price manipulation risks.