Last night XMR price (Monero) Suddenly moved forward. It is a movement of strong greatness, as well as very fast, especially compared to the course of recent months.
However, it could be just a case, as the cause seems to be occasionally.
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The historical trend of Monero's price (XMR)
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Xmr is the native cryptocurrency of Monero.
Over the past few years, due to the high levels of privacy, it has been removed from many important centralized exchanges. Currently, the three major exchanges by trading volume for XMR are Mexc, Kucoin, Bitfinex, HTX, and Kraken.
In 2021 it reached All times high in $ 517But in the following years it fell to around $ 100, and there it effectively remained until February last year.
Prior to Donald Trump's electoral success, it increased by nearly $ 150, and even in the days following his success, it did not deviate from that figure.
Then it had a significant rebound in December, when it managed to climb above $ 200, and in 2025, unlike many Altcoins, it continued to perform well.
In fact, in January it exceeded $ 230, and in February it almost reached $ 240.
Monero (XMR): The boom of last night
Yesterday the price of XMR was just below $ 230, near the Kamag -child of January.
Note that this is a level of 50% higher than the end of October, though still 54% below 2021.
At a certain point tonight, suddenly Jump to nearly $ 300, A level not seen since September 2021. The sudden 40% jump was followed by a brief fall, and then by a further increase, so the sun -day peak was reached even $ 390, a degree that had just exceeded twice throughout the Monero history, both during the great conclusions -Haka bubbles of the previous cycles.
However, after this small climax, the price returned to the bottom $ 300, and now it seems to have been adjusted around $ 270, which is still 14% higher than the level of yesterday.
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The Causes of Instant Monero rally (XMR)
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The cause that seems to have been able to trigger this sudden and massive movement, though short, is however sometimes, and not structural or primary.
In fact, It is expressed That is 3,520 stolen BTC has been -laundered in XMR.
Given that the countervalue in the dollar is over 330 million, this step has a significant impact on the Monero market.
This should not be forgotten, in fact, that so far the XMR is a cryptocurrency with limited volume, so in the last 24 hours the total volume in the exchanges does not exceed 250 million dollars.
Once a significant portion of the 3,520 BTC stolen was sold to buy XMR, suddenly the purchase of pressure on Monero Skyroketed, causing its price increase, as the sale of pressure remained low.
All of this happened to six instant exchanges, so climbing XMR prices was inevitable.
Forecasts and Runs in the Future
The impact of such movements on XMR prices may not have been completed.
In fact, it is possible that the topic that sells the stolen BTC to buy XMR is made only slightly, also certainly because this initiative has caused the price of Monero to Skyrocket.
Therefore, it is possible that in the next few hours, or in the next few days, it will continue to sell the BTC to buy XMR, even at a slower speed.
Within a few days, or a few weeks, this dynamic -new should run its course completely, thus stopping to have Monero price effects.
Meanwhile, however, the price of the XMR, after the rapid seizure and deflating, has not returned to the starting point of $ 230.
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Monero's advantage
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The reason behind the initiative to sell the stolen BTC in cash on XMR is that Transactions to Monero are really public, but are on the way.
In other words, now he has converted BTC to XMR, despite a certain loss due to the increase in Monero's purchase price, the subject can move his XRM to other purses, making the source unreliable.
When switching to other wallets, they cannot be locked or monitored, certainly because the motion is turned upside down and causes a loss of connection to the derived purse.
Monero is used precisely for this feature, which is why so many exchanges have removed it.
