Andreas Townsend

3 months ago

Monero has been in the spotlight a lot this year and more investors are starting to find XMR as one of the best investments options for the future.

The growing popularity of XMR is due to strong privacy features.

Riccardo Spagni addresses the need for privacy

During a recent interview with Rice Crypto which is a famous YouTube channel which highlights cryptos, Riccardo Spagni addressed the need for privacy for people who use digital assets to make transactions.

OurBitcoinNews notes that Spagni mentioned Tari which “is a decentralized assets protocol that is going to be built on top of Monero”. Project Coral Reef is an initiative which allows XMR transactions in “50 great online stores”

GUI 0.14.1.2 will also soon be released.

Monero in the news

In other news, it's been reported that now is the best time to invest in Monero.

At the moment, the privacy-oriented coin is trading in the green on CMC and XMR is prived above $87 at the time of writing this article.

According to crypto experts, now is the best time to buy.

The online publication Smartereum recently wrote that “A major drop in volatility, as well as a continued consolidation, were observed on the daily chart for the coin.”

They continued and said that “Analysts and traders in the crypto market usually see these periods of little activities as the best time to accumulate before the next big move takes place.”

More experts have noted that long-term investors should consider buying the dip now because the Monero uptrend remains strong.

More than that, it’s also extremely important to mention the fact that the Monero development team managed to make huge privacy enhancements over the years and they will continue to do so.

There’s an important upcoming event scheduled for the Monero community.

Monero Village DefCon 2019 will take place between August 8 and August 11.

People Mentioned

Justin Sun

Founder of TRON (TRX)

Coins Mentioned

Justin Sun

Founder of TRON (TRX)

Companies Mentioned

Justin Sun

Founder of TRON (TRX)

Justin Sun

Founder of TRON (TRX)

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Andreas Townsend Author

I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.

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