May have something to do with Exodus?
Discussion
I heard they ended support for monero, but how would this effect the price?
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqrttwjkwzjtm5mes46nrwtmzr6zm7cjgg54w7jw4z2f7yd29ar4ds2wmzka nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqy8q62fgx5dpaztp5czjrfa7xek38dfsfaeg6pgp9x0lt7ryylvaqvkf3qs That's the thing, we don't know AFAIK.
It could be:
- A big whale buying triggering a rally
- Liquidity issues on exchanges
- Shorts expiring
- New money from a country we don't think about, maybe because of a conflict or something
Because of that I don't know if I should sell my speculatory stack or wait. :monero:
Right, we don't know and probably never will. Coindesk wrote the trading volume spiked to 200 million (4x the 7 day average).
Don't think a country is buying in, would be nice, but I doubt it.