Monero

Coin

<ul class="news-points"> 
 <li><strong>XMR’s social activity topped all other altcoins, and its price also increased.</strong></li> 
 <li><strong>The AO formed higher highs and rose into the positive region, this could take XMR to $150.</strong></li> 
 <li><strong>With the CMF at 0.06, XMR may present a buying opportunity between $143 to $145.</strong></li> 
</ul> 
<p><a href="https://coinedition.com/tag/Monero-XMR/" rel="noopener noreferrer nofollow">Monero (XMR)</a>, known for its strong emphasis on privacy and anonymity, has captured the attention of market participants for its increasing presence in social discussions. Social media platforms have become a significant driver of market sentiment and price movements for various cryptocurrencies, and Monero is no exception.</p> 
<p>Interestingly, as discussions around privacy and decentralized finance soared, XMR became a subject of interest on August 20, as it got named “coin of the day.”</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;">Coin of the day by social activity – <a href="https://twitter.com/hashtag/Monero?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Monero</a> <a href="https://twitter.com/search?q=%24XMR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XMR</a><br>20 August 2023<a href="https://twitter.com/hashtag/Monero?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Monero</a> <a href="https://twitter.com/hashtag/XMR?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XMR</a> is a cryptocurrency that uses a blockchain with privacy-enhancing technologies to obfuscate transactions to achieve anonymity and fungibility. <a href="https://t.co/RTf7AcCzSg" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/RTf7AcCzSg</a></p>— 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1fa-1f1e6.png" alt="🇺🇦" class="wp-smiley" style="height: 1em; max-height: 1em;"> CryptoDep #StandWithUkraine 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1fa-1f1e6.png" alt="🇺🇦" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@Crypto_Dep) <a href="https://twitter.com/Crypto_Dep/status/1693239967332360334?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 20, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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</figure> 
<p>However, while social hype can contribute to short-term price surges, the sustainability of such gains and their correl…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/can-moneros-xmr-social-activity-hike-keep-the-price-soaring/">Can Monero’s (XMR) Social Activity Hike Keep the Price Soaring?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Can Monero’s (XMR) Social Activity Hike Keep the Price Soaring?

Coin Edition

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