Will Monero Reach $500 in 2019?

[Litzki1990]

It is hard to predict since i am not totally an analyst but i read some development of monero of their platform and probably if they continue to develop more they attract more investors and probably monero will reach $500 in 2019.

[Chachacoin17]

It is hard to predict since i am not totally an analyst but i read some development of monero of their platform and probably if they continue to develop more they attract more investors and probably monero will reach $500 in 2019.

Not just Monero tried to gain good developments of their platform but also for other crypto, that had a great potentials to compete while market was still on recovery period. Many holder hope for that price of $500 in monero will be reached again. If that will happen, I believed each market who cater it's trading will eventually increase at their volume of transactions and will gain more incoming buyers.

[Aldrinx00]

Maybe not because we are still in a bear market so the possibility of Monero to reach $500 is way too low. Actually no one can predict Monero can reach that price but if a bullrun starts then there is a big chance for Monero to hit that price.

[fuer44]

I think the crypto market is not only focused on limited supply and the total that has been circulating in the market has almost reached limite will make prices go up is not a sure guarantee. in fact the bitcoin doesn't rise even higher. it seems like at this moment the crypto market needs to be used in daily life, including Monero to be able to make its value valuable.

[djuragan]

If we look back on it's journey, in order to reach that level of price for each monero, it would takes a really long time. but i doubt it for it to be able to reach that state if the market condition doesn't change.

[Sellman]

Yeah you are right there is a basis why it should reach higher than $500, but this year it's still 50/50 the market is just getting up and we have a very slow movement of the price going up and before we end the year the most that Monero can reach probably is $200 hopefully.

The market just found its bottom recent weeks, from that it will slowly but stably recover.
I don't think market will take off this year, even till the end of this year.
However, the year of 2020 might be a very different year for crypto market.

[Wong Gendheng]

Anything can happen, Monero can reach $ 500 this year if the price of bitcoin reaches $ 20,000, and I who also have Monero certainly hope that the market will soon recover and improve so we can get big profits.

[celot]

Moreno or XMR price now is USD 50 and maybe impossible moreno could raised to higher price about USD 500 because its hard to get higher price, maybe could raised about USD 100 and its more possibility for morenoe to get higher price.

[smyslov]

Monero will eventually reach that price, but not this year maybe two more years of wait is possible, the most that Monero can reach is $200 but that is if the bull run starts today, all the coins prices are moving to slow, which is expected because of the market uncertainty.

[hieuho381]

i know Monero for along time, it has always been a crypto with full advanced technologies to keep the user privacy at the highest privacy, so it has become famous and got more attentions from investors so it has potential to rise, but if we think it can goes from 53$ to 500$ in this year, it is quite impossible, i only hope it can reach 200$ at the end of this year.

[dobol]

Maybe, i see their developement in the last couple years, and maybe, maybe it really will happens. i heard they will also have some good partnership with banking institutions, it will really boost their market value if it's really happens in the next couple months

[Amalker]

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?

Only if BTC will overcome $40k. I guess better to look closely to Mimblewimble protocol (Beam and Grin altcoins) with new fresh ideas.

[cak imin]

Only if BTC will overcome $40k. I guess better to look closely to Mimblewimble protocol (Beam and Grin altcoins) with new fresh ideas.

you're right, a lot of new assets give surprises in the market. they come with the support of the market and the community. It would be nice to their growth in the future. I think it's high time we look at the development of a potentially altcoin.

[dhiraj0977]

Did not think it will over $500 in 2019, but can say it can reach $500 or more 2020 as it will take time to recover crypto to settle from the current crash, and when BTC will be stable around $12000 to $15000 range, then we can expect, Monero will reach that target.

[mv1986]

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?

Only if BTC will overcome $40k. I guess better to look closely to Mimblewimble protocol (Beam and Grin altcoins) with new fresh ideas.

No, if BTC reaches something around $12000 I think chances are good to see XMR go back to $500.

[Melo20]

Well who knows,  the crypto space is funny Attimes,  you get what you least expect...  Monero is a good coin,  getting to $500 depends on the dev,  how they intend to push the project and make it happen,  many have tried to understand how it works,  many claim they know it,  but in my opinion crypto is unpredictable...  Reaching $500 is a good one,  but my conclusion for Monero this 2019 is a 50/50 to reaching that point.

[Bitcoin Miners]

getting to $500 depends on the dev

Developers are just partial components that can boost Monero to $500.
There are so many other components, that Monero developers can not control, such as bitcoin price, general growth of crypto ecosystem, and FOMO of crypto enthusiasts.
No one knows those three factors move in which directions in the next months, or next years.

[andra73]

Monero are good currency. But it will not go $500 in this year. Because the market are not too jump in that time. I think it will hit $200 in this year.

whether it can be achieved or not, I don't want to speculate against the market. because of predictions that have a lot of people do also not proven fact. I'd rather enjoy the movement of markets, than on speculating.

[antsam]

Everything is possible, but in my opinion at the moment as a market price leader is bitcoin. The rise and fall of bitcoin prices will have a big influence on the altcoin. So maybe monero reaches $ 500 but if bitcoin also experiences a high price surge

[aioc]

Everybody here is speculating but in reality, the price is moving very slowly I don't see any coin getting pumped 10 times this year, the last quarter of this year could be the start of the pump and every price speculation will happen next year, and Monero deserves the $500 price or even more.