Airdrops, Coins, Markets, News

Monero On The Rise

Have you wondered why, despite the altcoin market largely staying in the red against Bitcoin (partially due to the steadily increasing price of BTC, which retains its dominance), Monero’s value spiked towards the end of the week?

monero altcoin price rise

Monero developers announced an upcoming hard fork, introducing MoneroV which, unlike Monero that has an infinite supply, will be strictly limited in numbers. All Monero users (who have a wallet of their own) will get 10 XMV per 1 XMR owned around mid-March. In combination with an announcement of a new wallet, the news resulted in Monero hitting market capitalisation of $5,3 billion.

Q: I have 0.01 XMR in my wallet… Will I still receive the XMV?
A: Yes. Monero holders will receive the proportionate amount of their XMR in XMV. So, for 0.01 XMR you will get 0.10 XMV.

Read more:

https://ambcrypto.com/monero-xmrs-new-hard-fork-monero-v-xmv-community-split/

https://cryptocurrencynews.com/daily-news/altcoins/monero-xmr-bitcoin-cash-bch-nano-grow/

Monero at Coinmarketcap:

https://coinmarketcap.com/currencies/monero/

3 thoughts on “Monero On The Rise”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s