Monero has been making a steady drop against Bitcoin for almost a decade, lol. It is done 40% this year and 90% all time. Good luck with that.

The reason it is flat or just a bit up is literally because nobody knows or can sell it. It has a lack of liquidity. That's not a good thing. It means at any given time, if it were to be relisted on larger exchanges, like coinbase for instance, it could have major drops.

Instead, the largest exchange is kucoin, 😂. Less than 30 million traded, and overall is zero for USD or GBP or Yen or Yuan.

So the mini ecosystem is just holders and intertraders. That is 100% opposite of the situation you want for a sound money.

Oh, and GM!