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
Do people in Japan use Haveno? Is there any cash-by-mail happening in Japan?
It’s still crazy to me that proton picked btc instead of monero for their wallet. It should’ve either been xmr only, or xmr + btc, like cakewallet does
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
