Monero's peak value

[pawanjain]

This is interesting. I didn't notice this price surge in Monero until I read this post.
So from a high level search it shows that the recent pump is mostly due to privacy coins.
Also, some crypto hackers have converted the stolen funds into Monero which has also contributed to increase XMR price.
Good to see it breaking the ATH. I am personally waiting for BTC and SOL to break their ATH prices.

[crwth]

I'm seeing this as some people might be taking advantage of Monero's properties, especially its privacy features. Maybe there are some shady things going on and XMR is the way they transact. Mostly, it's like ZEC, which also went up in price.

I wish I were able to trade this 

[bated]

This is interesting. I didn't notice this price surge in Monero until I read this post.
So from a high level search it shows that the recent pump is mostly due to privacy coins.
Also, some crypto hackers have converted the stolen funds into Monero which has also contributed to increase XMR price.
Good to see it breaking the ATH. I am personally waiting for BTC and SOL to break their ATH prices.

Yeah, I read that someone was socially engineered into giving details about their hardware wallet which had $280 million in BTC.  The BTC was rapidly converted to XMR causing the pump which is why it is going to dump even further IMO.  I also think that it was a perfect storm with the CEO of Coinbase raising concerns about privacy at about the same time.

[shinratensei_]

I'm seeing this as some people might be taking advantage of Monero's properties, especially its privacy features. Maybe there are some shady things going on and XMR is the way they transact. Mostly, it's like ZEC, which also went up in price.

I wish I were able to trade this  

Heard that there are some hacker converting tens of millions to XMR at the time of pump and that can be the reason it pump in the first place.
Some people in X talking about this but I don't know if that's even true. XMR being taken advantage is not new. Every hacker always convert their money to XMR. The privacy feature is double edged sword.