Monero price prediction 2018
I am inundated by people asking me for recommendations on cryptocurrencies. If you would use your heads you would figure out that the privacy coins (anonymous transactions) will have the greatest future. Coins like Monero (XMR), Verge (XVG), or Zcash (ZEC) cannot lose.
— John McAfee (@officialmcafee) December 13, 2017
As we can see, Monero future price hugely depends on the possible regulations from the governments and the ability to maintain anonymity. However, this all is a long-term projection talk, we never actually know what kind of laws are going to be released or if the currencies are going to change their concept and course. The short-term forecast is most definitely bullish – an anonymous crypto coin with a big community has lots of potential on the current market.
As a summary, ChangeNOW can state that keeping yourself updated with the latest XMR news and keeping your hand on the pulse is the best option for traders now. You can never know when this anonymous coin is going to make a big leap – the potential is clearly there.
Monero is a cryptocurrency launched in 2014. XMR is open-source and is focused on private transactions. The technology used in Monero allows users to make details of every transaction anonymous – the addresses, users and sums transferred can be hidden from the public eye. Usually, the transaction details convey the identity of senders and receivers, Monero, however, uses ring signatures and stealth addresses to confuse the system and make this information private. The focus on anonymity makes Monero very different from other popular cryptos (such as Bitcoin, for example), where the data is stored on the public ledger.