What would you predict in the future of Monero, will it rise? Fall? Stay the same? It seems that it's pretty stable right now and considering that they are banning ASICs I can see it becoming one of the more liked crypto's.
I will share something about Monero price forecast 2018:
The current Monero price is approximately $313, however, the projection to the end of this year is the amazingly increasing number of $650. In the same line, a five-year forecast projects the price up to $2000, which proves a great appreciation of the coin from now on.
It seems that the anonymity related to the coin is playing in its favor since that looks fair enough for its users due to the full accomplishment of the Blockchain and cryptocurrencies principles.
As a matter of fact, some past actions include a few law enforcement agencies trying to identify the parties involved in a transaction but have failed humorously in the task. Therefore, the potential of this coin is immense; it can provide the users what they were looking for since the whole crypto market started, a completely anonymous transaction.
In consequence, it is not to be surprised of the huge traction the cryptocurrency is showing, and of course, the appreciation projected to the future.
Moreover, this cryptocurrency has experienced a decreasing from the peak just like the other cryptos in the market, but this, in fact, represents an alternative for buying at a good price now and obtain a greater gain later.
Yet, if in the near future Monero does not manage to maintain the incredible anonymity for which the coin is known right now, it will not be able either to keep up the recognition and appreciation of which is benefiting of.
Contrary to, if they find the way to continue with the anonymous work, they will ensure to fidelize the users which whom they work now or may work later.
Furthermore, there are plenty of good possibilities for this cryptocurrency. The only potentially bad scenario could be a regulation, yet this is virtually impossible since Monero is totally decentralized and not controlled by a specific association.
This way, Monero users can be completely relaxed as the future for this digital coin seems to be ascending and out the regulators’ target.
To conclude, Monero is a great option for users to enjoy; it provides them with an anonymous trading and also does not represent any risks of regulations or privacy violations. Therefore, whoever would be on the look of an ideal cryptocurrency for investing, this seems to be the right choice.
Whatsmore, Monero represents a great opportunity as well for diversifying and expanding cryptocurrency users portfolio; as it gives them a brand-new and unique crypto coin to transact with.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
