Well it kept going up almost hitting $7. If you think about Bitcoin serving the dark markets back in 2013, Bitcoin was up to about $100. Now, in 2016, with Monero becoming the de-facto DNM currency it makes sense that it could be similarly priced at some point in the future. $100 per Monero appears inevitable. It truly offers something that many people want, fungibility. What's that worth? We'll soon find out. IMO we'll see a Monero marketcap at or close to a Billion before too long.
Like I wrote about here: This is the start of the Economic Singularity.