Monero Leading the Weekend – MoneroV For XMR Holders
As the weekend was getting closer, most cryptocurrencies pairing with US Dollar were on the red again except a few of the leading coins. However, on Saturday things look a bit brighter – especially for Monero [XMR].
According to CoinMarketCap, only within 7 days Monero has increased for 30 percent against the US Dollar, which marks an excellent performing keeping in mind that in general cryptos are struggling to hold ground [from $270.00 to $350.00].
The value climb as the coin changed hands could be due to airdrop and hard fork coming around mid March for Monero. The traders and investors that are holding the XMR token will be getting a 10x bonus of XMV tokens as MoneroV will be given birth. It is becoming a general understanding that the coin which has an upcoming aidrop [NEO ONT] will get a price hoist for some time [cold hold longer if the major resistance-acting $350.00 mark holds as a support now]. Clearing the $400 most likely will be taking place in the upcoming days. As mentioned above, Monero is performing on stable ground while many coins did experience a violent pump and dump phase.
Monero is traded across all exchanges, the top three being Bithumb, Bitfinex and Binance. Market capacity currently stands at $5.5 billion putting this altcoin just in the top ten list. Around $234 million has been traded in the past 24 hours.
Following up – Bitcoin, Litecoin and Cardano are in the same level of gain in the last 24-hours rocking the above of 3.60 percent.