Coinspeak Technical and Fundamental Market Analysis
Monero, the privacy focused cryptocurrency, punched the mustache off all bearshitters this past month going from $2.5 to ~$13.5 and it’s still running.
Unlike Bitcoin, which keeps all transactions on a public ledger, Monero transactions are not traceable. Monero provides a layer of anonymity not available with other cryptocurrencies.
The bump in Bitcoin from $575 to $600 may have been the result of Monero holders moving profits to Bitcoin.
The Monero top is not in yet but once it is there will be a fall to earth. Nothing goes straight up forever.
