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@ rafael xɱr 🗽
2025-03-03 15:05:50
"Monero has been strongly growing nonstop despite major delistings the last few months.
Not a mega pump, but a surge. Steadily climing up the charts.
Months ago a token engineer friend told me that Monero should be valued much higher due to regular inflows. Yet it was an enigma that the price was so low. He suspected there was active price suppression.
Now with the delistings, there's a strong sign that the exchanges may have used Monero's anonymity to trade against their users skimming from them. Nobody can detect them due to Monero's anonymity.
With the exchanges and their privileged access to traders gone, now real organic market activity is occuring.
This is a possible reason why Monero is experiencing such strong growth.
If you believe this line of reasoning then it indicates Monero is actually hugely undervalued right now.
Especially with the coming FCMP privacy upgrade and the coming centrality of privacy narratives in crypto."
- Amir Taaki
#monero :default:
https://xcancel.com/Narodism/status/1896573733378080844