Monero has been steadily increasing since it delivered on its promise of a decentralized exchange based on privacy, speed, and low fees. If you want to learn more about Monero, whether it’s worth buying and the best places to buy Monero now, look no further than this quick guide.
The Best Places to Buy Monero Now
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What is Monero?
Monero was launched in 2014 with a simple goal: to allow transactions to take place privately and anonymously. Although it is commonly believed that BTC can conceal a person’s identity, it is often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is designed to hide senders and recipients through the use of advanced cryptography. The team behind Monero says privacy and security are their top priorities, with ease of use and efficiency coming second. It aims to provide protection to all users, regardless of their technological skill. Overall, XMR aims to enable fast and inexpensive payments without fear of censorship.
Should I buy Monero today?
Monero can be a profitable investment, but it can just as easily reverse its earnings. Do some market research and read the price predictions before deciding if it’s worth buying. The following section may help you.
Monero Price Prediction
CoinPriceForecast predicts that XMR will be worth $ 260 by the end of 2022. DigitalCoinPrice is even more bullish. The site predicts a price of $ 335 at the end of 2022. WalletInvestor is similar in its own prediction, expecting the coin to hit $ 321 in the same time frame. The biggest bull is Gov Capital, which expects Monero to almost double in the next year or so. The site is targeting a price of $ 379 for the coin in 2022.
Monero on social networks
Exciting to see the promise of a decentralized exchange based on privacy, speed and low fees. #Monero network is getting closer to realization!
– Monero || #xmr (@monero) December 28, 2021