Monero Leads Altcoin Rally on Market

At the beginning of March, Monero also faced a sudden volume and price increase as market players turned their heads toward "private" cryptocurrency solutions. The price of the asset reached $178 at the local peak.

We observed the highest price for the asset on Feb. 10, when XMR was trading at $187.

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Though the asset shows short-term gains‌, Monero trades in a sharp downtrend along with most of the assets on the market. According to TradingView, XMR has lost almost 70% of its value in the last 300 days of trading. Monero reached its ATH in May and has been trading at approximately $480.