XMR has been going crazy these past two days, directly entering "blazing" mode!

Not only did it strongly break through the $800 mark, setting a new all-time high, but it also surged violently from $480 in just three days, with a gain of over 60%. This unstoppable upward momentum has stunned the entire crypto market, and the position of the "big brother" in the privacy coin sector has been instantly solidified.

This wave of explosion didn't come out of nowhere; there are quite a few "hidden tricks" behind it. On one hand, the resignation of the core developer of competitor ZEC caused the previously hesitant funds to instantly switch and pour into XMR; on the other hand, recent global regulatory tightening and exposure of some corruption cases have made everyone realize that "privacy" is the real hard currency. In this environment, Monero has become the most sought-after safe haven, with the community posting screenshots everywhere, and the enthusiasm is simply scorching.

However, at the critical threshold of $800, the market has also started to show divergence. Optimists believe that Monero has a solid technical foundation and high on-chain activity, and breaking the thousand-dollar mark is only a matter of time; but experienced traders have started to withdraw and take profits, as the recent rapid rise has made technical indicators "overbought" to an absurd degree, and they also need to beware of regulatory agencies suddenly stepping in to "pour cold water."

This time, XMR has shined brightly, reminding everyone of the value of privacy assets. Although chasing high now carries some risks and could easily be "buried" by short-term corrections, its position as the leader in the privacy race is already hard to shake. It is recommended that everyone not be blinded by the frenzy; while this money looks easy to make, you should also stay alert and watch out for policy changes and price pullbacks $XMR ‌#Gate广场创作者新春激励