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There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.
Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.
Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.
You can find detail info also here: Monero Price Prediction
Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?
Monero is a very good and well-established coin on the market which strikes the attention of users because of its anonymity. The project is developing and it has no problems, good capitalization. I don't think investors will be cold-blooded to Monero. I think that Monero all a great chance to overcome this psychological mark.Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.
Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.
You can find detail info also here: Monero Price Prediction
Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?
Yes, Exactly!
