Even though it does not happen all that often, the Monero price is going through a very positive spell right now. Some of the project’s recent developments have [finally] received the attention they deserve. A reduction in transaction size combined with lower fees make XMR one of the cheaper currencies to use today.
Monero Price Surges Shapes up Nicely
In the altcoin industry, there are two ways to boost the value of a specific currency.
The monero price surged to $250 after the cryptocurrency was the subject of several bullish announcements — and privacy-conscious users discovered another anonymity-centric cryptocurrency was not quite as private as they had initially believed.