Is Monero Dead Or The Best Under The Radar Crypto To Buy? XMR Price Prediction 2025
The post Is Monero Dead Or The Best Under The Radar Crypto To Buy? XMR Price Prediction 2025 appeared on BitcoinEthereumNews.com.
In a crypto market lately dominated by the latest viral meme tokens, privacy coin Monero (XMR) — widely viewed as a “Dino coin” — has impressed investors with its bullish strength, prompting many to reconsider whether it remains an attractive investment. Following its recent local bottom at $165 on April 7th, the XMR price has surged by more than 150%, reaching a 4-year resistance level at $420 in May. The market-wide bearishness in late May resulted in a 25% decline to $313. However, Monero is emerging as one of the early top performers in June, already up by over 12% since its monthly open. After a long wait, is Monero back to being one of the best cryptos to buy? XMR price predictions from prominent analysts remain cautiously optimistic. Its newfound utility within the Bitcoin ecosystem, a renewed focus on privacy within crypto and upcoming major network milestones bode well for Monero. However, it still faces tough competition from newer coins that can offer higher returns due to a smaller market cap. Why Is Monero (XMR) Price Rising? XMR is one of the top-performing crypto assets in early June, already up by more than 12% since its monthly open. The Monero price is trading around $366 at press time, up by nearly 12% in the past 24 hours at a time when Bitcoin and Ethereum are in the red. Stunningly, XMR is now trading just 30% below its all-time high, despite being regarded as a Dino coin. Meanwhile, Ethereum and Solana are trading 48% below their respective highs, which highlights Monero’s recent relative strength. Experts believe that Monero is surging due to a renewed focus on privacy within the crypto market. Being the top privacy coin, analysts are calling Monero the de facto privacy layer of Bitcoin and Ethereum, especially…
Filed under: News - @ June 2, 2025 7:24 pm