Will Monero Reach $500 in 2019?

[sijonru]

Monero is very interesting project in crypto. But the price practically of any altcoin depends on a situation in the market. If BTC does not reach new heights, then I do not believe that Monero will cost $500. But I hope that in the closest years of Monero will grow to this mark.

I estimate the Monero price for this year will be the highest value of USD 120, because until today it's almost 1 month the price of Monero is in the range of USD 90. Even though this coin is one coin that has good prospects, and marketing is also good.
But prices move slowly, and even tend to be stagnant. It once reached USD 97 on May 28, 2019, after going down again along with the bitcoin price movements that tend to fall. Today the price is USD 86.

[Deallove9]

I dont think it will surge to that length this year as that is the ATH it has reached and it will take some year may be next year to get to that or upper year which 2021 no one can tell as the current situation is still very unpredictable to every one but we are following the market regularly and hope for best in short time.

[efxtrader]

As you know Monero is fast growing coin, in future if BITCOIN will grow than Monero will also grow and in 2019 i hope Monero will be more than $500

Monero community always growing and its solid community. Monero price could reach $500 depend on bitcoin price, it bitcoin reach above $10k, monero could reach $500 but i dont think this will happen this year. Its anonymous coin and traded in many big exchangers, anything could happen with monero

[Cheesus]

Monero is a very good and high ranking coin and its price is growing well! But I don't think Monero price can become 500 USD this year. Lots of people stop holding Monero because of BNB, BCHABC are profitable coins nowadays! Some people think Monero is illegal! Overall, it is not possible to hit 500 USD for this year, but I am not sure about XMR price later this year.

[velive08]

if based on the graph the increase from 2018-2019 monero is almost close to $ 500 and it cannot be ascertained if the price of Monero coins will be in the position above $ 500. now the price of Monero is under $ 150 and yet the potential of Monero is very good so we can be sure that Monero can reach prices above $ 500 but in 2019 it is still difficult and needs a process

[Febo]

Monero is a very good

Did you hack this account? I dont believe old owner would ever said this.




I actually changed my mind. I believe now Monero have chances to reach $500 this year. But only if Bitcoin reaches $20k so crypto hype start.

[BitBustah]

Monero won't be anywhere close to $500 this year, it will be a miracle if it even reaches $200.  It is slowly dropping down on the list on Coinmarketcap and even Bitcoin SV is ranked higher now   I still think it is worth buying but I would invest more into altcoins like ethereum instead.

[Stanlo]

Monero is a good altcoins and I'm holding few in my portfolio but let's not exaggerate its value ,if xmr have to get to 500$ this year then it will only happen if altcoins season takes place

[tracyhayley]

No it won't. I believe monero is a good alt. But i'm pessimistic to see monero goes to $500 in just several months remaining. Bearish market always come and drop monero price. But i hope the price will raise again since bitcoin and other alts price are in a good trend.

[EmmaBen]

Highly unlikely, monero for me has been one of the heaviest disappointments in the crypto industry. Together with doge, these two have simply refused to fulfill their true potentials and have continued to be stunted in terms of growth. It will take a miracle to see monero actualize a marginal growth.

[hotforblockchain]

From all the crazy speculations in this section of forum , this is the only one I could come aboard with.
The legitimate reason could possibly be that it seems that laws are tightening around cryptos and their privacy . this could mean that privacy coins will get new influx of capital.

[klaaas]

From all the crazy speculations in this section of forum , this is the only one I could come aboard with.
The legitimate reason could possibly be that it seems that laws are tightening around cryptos and their privacy . this could mean that privacy coins will get new influx of capital.

Indeed there is a demand for privacy focused crypto coins but if Monero can manage to reach 500 dollar in 2019 is a big stretch. Coming near it would already be a accomplishment.

[goyal.dkg]

First let this crypto winter get over for alts market, then we will see how monero plays its role in regulated market. many countries working on regulation and some even thinking of ban, while few want all details of crypto users. so such thing will definitely boost adoption of privacy coins and monero is one of the best among them. We may also need privacy protocol for Dapps and smart contracts too so hope there will something which offer smart contracts tech like ethereum and privacy feature like monero.

[veekky]

Everything is possible. Monero is on demand among dark net guys. So 500 $ price is achievable because drugs and cyber crime is growing, so there is more demand on monero

[brogtd]

Of course the development team of the coin successfully works to maintain the security of the coin’s network. There were no significant troubles with Monero for a very long time. To this day there is no publicly known case of Monero users being exposed due to the flaw of the coin. But your expectations is too high... let just keep it at $250 - $300 for now

[ginobitcoiner]

Now the market growth is getting more visible, the Monero (XMR) price is around $ 93.04 which is still very far to reach the price of $ 500 as the OP expects, Even though a bull run occurs the price will not be that expensive.

[MidnightWolf]

I think that the recent changes in the cryptocurrency market will make quite strong corrections for many projects.  First of all, it will be necessary to pay attention to the Real relevance of the coin in society and its practical value, and today not all cryptocurrencies can please this. 

[Duzter]

Monero already has got its highest price to be close to $500. 2019 has been making a big difference over the market of bitcoin and other cryptocurrencies in large scale. This could get an impact over Monero as well, if not with the peak rise of bitcoin higher than the one that is reached in 2017 we can experience $500+ as it has good trading volume compared to many other which grows in a short and gets faded off.

[Febo]

...and even Bitcoin SV is ranked higher now   I still think it is worth buying but I would invest more into altcoins like ethereum instead.

Monero dont have fake marketcap as BSV have. All Monero coins were fairly mined.  It also did not had an ICO as ETH. so no one was able to buy Monero coins for almost free. 1. whatever billion USD is real marketcap of Monero.

[Sellman]

I think the price of Monero is still so far from the price of $ 500. although that is possible, I think it is still quite difficult to reach that price. if that is possible, I think it will happen in 2020. for this year, I don't think monero will rise that high.

It is, but with latest tweet from McAfee, Monero will rally very strongly in coming weeks. He said that "Privacy coins will win". $500 is a very far target for Monero, that might not be reached soon and easily. Anyway, we can have another reason to belief in future of Monero, and it makes sense especially after recent terrible falls of the coin. I think that Monero has to recover to the range of price around 0.03 BTC first, before being able to catch more attention from investors (old, and new)
https://coinpedia.org/news/john-mcafee-says-privacy-coins-will-be-the-next-big-thing/