Whats is the problem with $XMR?

I mean, the thing seema to work, decentralized and scarce.

Though how can you explain that 1 XMR = 170$US

#AskNostr

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No problem. The market cares about other things. Beyond Bitcoin, demand quickly drops off

I mean is it a kind of scam?

The thing is decentralized, scarce woth a supply of 18M, anonymous, scalable. Why 170$ a coin?

Maybe not scarce

Maybe just not an attractive enough investment due to the trend of people using it for spending instead of savings