Mars Finance reported that Monero’s price surged above $567 on Sunday, reaching an all-time high. This increase continues a trend that began at the end of last year, when privacy tokens demonstrated greater resilience than 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 may lead to fragmented price discovery and amplified volatility. Investors should remain vigilant against short-term price manipulation risks.
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Giá Monero đạt mức cao mới, tăng lên 567 USD
Mars Finance reported that Monero’s price surged above $567 on Sunday, reaching an all-time high. This increase continues a trend that began at the end of last year, when privacy tokens demonstrated greater resilience than 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 may lead to fragmented price discovery and amplified volatility. Investors should remain vigilant against short-term price manipulation risks.