Monero (XMR) launched in 2014 as a fork of the Bitcoin network but with different intentions as to how its blockchain will run. Like other blockchains in the cryptocurrency market, Monero’s blockchain offers anonymity and increased security, allowing users to transfer assets across the blockchain as unknown entities.
But Monero’s policies on privacy are a step higher than the regular blockchain, with each transaction block masked using different technologies. Its security and privacy make Monero (XMR) a keenly sought token in the cryptocurrency market. Little wonder the XMR price is one of the few tokens trading above $100 at the moment.
The crypto market is struggling against bearish trends, and that seems to be compounded by the delayed bull run. Can Monero’s price surge get investors out of the bearish waves? Let’s find out!
Is A Monero (XMR) Price Rally Possible This Year?
According to various chart readings, the Monero (XMR) price has been unimpressive this year. Like other altcoins in the cryptocurrency market, Monero (XMR) has suffered from the bearish waves, reaching $180 early in 2023 but slumping considerably as the seller momentum increased.
Investor Observer ranks Monero (XMR) as a ‘low risk’ token currently, implying a low trading volume and reduced activity on the network. It also means that the XMR price is less likely to fluctuate like other coins, as its price surges don’t depend on just news.
CoinMarketCap charts show that the XMR price is down by 12.46% from last month and currently trades at $140.72. The market cap dipped by 0.5% in the past 24 hours, indicating that the Monero (XMR) token is still not over the bearish market. There’s one more chance for profits this year, though, as the new meme project, Anarchy (ANA), is offering some of the best deals in the cryptocurrency market right now.
On Anarchy (ANA), your journey to a profitable investment starts from the presale, where early investors can lock in ROI percentages that they can cash in after the launch. That’s not all from the meme coin, and you might not want to cash out so far after you’ve read this.
Something huge is coming.
If you see this 👀
Then your early! pic.twitter.com/HssZ4ywwrJ
— ANARCHY (@anarchycoineth) June 10, 2023
Anarchy’s Revamping Meme Culture In The Crypto-verse
The meme coin sector has been seen as a pretty unstable market for too long, as many crypto analysts term meme coins ‘unserious’ investments. But they are responsible for the biggest price rallies in the cryptocurrency market, so where do they get it wrong?
Most meme coins lack any use cases. Some do, but the utilities they provide are not enough to keep users on the platform for too long. Anarchy (ANA) looks to solve the errors of past meme coins and offers its investors the massive returns their investments deserve.
Although its plans for profits start from the presale phase, they don’t end there. The Anarchy (ANA) platform will run as a DAO where committed users will delegate their tokens to the growth of the platform. The DAO will decide on which projects are to be added to the network and which parts of the protocol should be upgraded. Developers will build the more profitable projects and deploy them to the Anarchy (ANA) mainnet, improving the quality of its network.
Such projects will generate revenue from their continued usage in the cryptocurrency market. The profits will go to the members of the DAO as rewards for staking their ANA tokens for the platform’s development. It’s a lifetime of profits on Anarchy (ANA), and all you’ll have to do is hold your ANA coins after launch to join the DAO.
To ensure that its development keeps going unhindered, the Anarchy (ANA) developers built the project on the Ethereum blockchain. On Ethereum, there is access to more users, and the developers can quickly build codes for projects and edit them from Ethereum’s vast open-source blockchain.
Up Next: Anarchy (ANA) Presale News!
The presale is selling out fast, and here’s your chance to get some profits despite the bearish market.
The Anarchy (ANA) coins sell for $0.00027, and you could earn 50x profits from your deposits. How? Click here to start bagging your ANA tokens today!