Monero (XMR) is the most popular privacy-oriented coin and just like all important tokens is hasn’t been doing great in terms of price back in 2018.
The crypto market was dominated by bears, and towards the end of the year, prices crashed like never before. XMR had the same fate as the other coins as expected.
The coin is not doing excellent these days either because it seems that the predicted bulls are running a bit late.
2019 is expected to be better for crypto than 2018
Anyway, 2019 is expected to be a better year for crypto and prices are expected to surge for the most important coins.
More than that, essential voices in the cryptosphere have been foreseeing that this year will be marking the year of mainstream adoptions for the digital assets.
It’s true that the latest moves that have been taking place in the crypto space seem to take things on the right path towards this goal.
Monero price prediction for 2019
Monero has one of the most loyal userbases in the crypto space, and the popularity of the token cannot be disputed especially thanks to its massive level of privacy.
Back in 2018, XMR was trading at $494, and it seems that now, the latest expectations for XMR is that the coin will jump again in terms of pricing.
Todaysgazette reported that XMR is expected to hit about $638 during the summer.
“The coin is expected to increase in value in the summer and could attain a value of around $638 according to Walletinvestors. Other crypto analysts envisage that the coin could end the year within the ranges of $300-$350,” they write.
This would mean about 10x the current value of the coin.
In other news, Monero (XMR) seems to be ready for the next hardfork.
The Monero team revealed that the hardfork would occur on block number 1788000 and it will take place on March 9, 2019.