Monero is up 30% over the past week; what are the major factors behind its upsurge?
Monero (XMR), the biggest privacy-focused cryptocurrency by valuation, increased from $44 to $58 in the past seven days by a staggering 30 percent.
Behind its abrupt increase in price are an all-time high hashrate, Coinbase CEO Brian Armstrong’s optimism towards anonymous cryptocurrencies, and Monero’s strong technology that allows for real anonymity.
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