Monero has quietly become one of the strongest performers in the market. XMR is up roughly 40% in the last week and more than 50% over the past 14 days đŒ
And here is why: On January 10, a victim lost over $280 million in BTC and LTC to a social engineering scam. The attacker immediately started converting the stolen funds into Monero and the buying pressure caused XMR pump.
đ€ The attacker had options. They could have used Zcash, Dash, Litecoin, or any other âprivacy-adjacentâ coin.
When the actual criminal, not just some random 'paranoid opsec fan', is moving hundreds of millions in stolen crypto, they need the most secure, privacy-first asset.
The fact that they chose XMR tells you more about the real competition between privacy coins than any whitepaper ever will đ€·ââïž