Monero has clawed it's way back as a top 10 cryptocurrency today, with nearly a 25% increase in price. This upswing is due to the fact that the bitcoin exchange Bithumb, has made itself open to deposits from Monero users. Bithumb, for those that don't know, is the world's largest cryptocurrency exchange based in South Korea. I believe that it's fair to assume that Monero will experience another surge once Bithumb finishes the last steps needed and Monero trading becomes official on the site. The next couple days will surely be good days for those with Monero coin, but will it continue to soar to the moon?
Can Monero climb back as a top 5 cryptocurrency once again? Or is this just a hype train that will die down as Ripple did these past couple days?
Let me know in the comments below!
Authored by: Kevin