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The price of Monero has hit a new record high, rising to $567
Svmuu News: Monero’s price rose above $567 on Sunday, setting a new all-time high. This rally continues a trend that began late last year, when the privacy coin demonstrated greater resilience than the broader crypto market. Although Monero has reclaimed the highs of the 2017 bull run after eight years, Ryan McMillin, Chief Investment Officer at Merkle Tree Capital, noted that because privacy coins are primarily traded on offshore exchanges, concentrated liquidity could lead to fragmented price discovery and amplify volatility. Investors should remain vigilant about the risk of short-term price manipulation.
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