By every metric in fact—It's trending towards zero agains't bitcoin, has infinite total supply, you can't audit the current supply, bad reputation, getting delisted everywhere, has an awful name, logo and fanbase (mostly criminals and users with anime girls profile pictures), regular hardforks, and so on... Trump memecoin had more marketcap on day one than monero. The only good thing about Monero is that it's privacy-focused and PoW.