Price Prediction Monero 2022
In this article we give 3 scenarios why this coin could possibly rise, but we also outline a forecast for the short term. Are you new to crypto? Then register first at one of the exchanges below!
Monero Price Prediction for 2022 till 2025 | Forecast & Targets Monero
Monero (XMR), officially launched in 2014, has one goal in short: to ensure secure and anonymous transactions. It is known that bitcoin is not private and can be seen a lot on the network. Monero is the opposite of bitcoin, the goal is to provide as much anonymity as possible . It is easy to trace transactions of bitcoin and many other cryptocurrencies, something that is not easy with Monero and makes it unique. Blockchains are transparent, whereas Monero has been developed to be as anonymous as possible for sender and receiver.
The price of Monero XMR is quite parallel to the value of the Bitcoin and because of its similar properties, it could continue like this for a while. If the general public sees that Monero offers the privacy that Bitcoin does not have and makes its big entrance as the new digital cash, the XMR will see a massive price increase. But if the network is ever hacked, and cyber criminals run off with your “cash”, you will probably never see it again and the value of XMR will melt like snow in the sun.
Adding XMR to your portfolio is definitely worth considering. The need for privacy and digital cash will also increase in the world of cryptos, which gives Monero an unprecedented potential. If you want to invest in XMR, make sure you can bear the risk and provide a good diversification of your overall portfolio.
Monero Price Forecast – The price of Monero
After its launch in 2014, the price of the Monero XMR has remained virtually untouched. In 2015, the XMR hit a low of $ 0.21, but in late 2016, its value started to pick up sharply and in 2018, the Monero made many early investors happy with an all-time high of $ 495. Just like the Bitcoin, there was another drop, but the value has been rising steadily again for the past six months.
Buy or sell Monero | Best platforms and brokers for Monero
Interested in buying Monero? Buying Monero can be done at several exchanges.
The best option to buy Monero is Binance. Binance is known as one of the largest exchanges worldwide with relatively low fees per transaction. Other benefits of Binance are:
- Very safe
- Many currencies available
- Low trading costs
- Free account
The second best option to buy Monero is Kraken. Kraken is one of the biggest international exchanges with many cryptocurrencies available. Kraken is easy to use for everyone in the world who likes to buy/sell cryptocurrencies.
The biggest exchange worldwide - Open binance
International Exchange - Open eToro
Easy to use exchange - Open Huobi
One of the biggest exchanges - Open Coinbase