Monero’s Curious Rise 🧐

A most peculiar thing has occurred. The price of Monero, a coin oft whispered about in shadowy corners of the digital realm, has experienced a most noticeable uplift – a full six percent, to be precise! This coincides with the introduction of these… ‘perpetual swaps’ upon the Hyperliquid exchange. And it seems, as if ordained by some unseen hand, that as the Bitcoin ascends to the lofty heights of $85,000, so too does the desire for financial privacy grow amongst men. A most predictable, and yet, humorous turn of events. The volume of trade has swelled by thirteen percent, hinting at a genuine, though perhaps fleeting, enthusiasm.

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Today, Monero finds itself in a position of prominence amongst the digital currencies, whilst others languish in a state of stagnation. The price, hovering around 431, has indeed increased by six percent, a fact which, though mathematically demonstrable, seems to defy all reasonable expectation. The volume of trading, one observes, has grown by a most substantial thirteen percent, a clear indication that gentlemen of means (and perhaps a few rascals) are taking an interest.

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This recent effervescence in Monero’s fortunes is, as is so often the case, a confluence of several factors. Access to perpetual trading, an increased yearning for privacy (as if men were suddenly seized by a belated sense of discretion!), and improvements to the network itself – these combine to create a most unusual spectacle. One wonders if even the most astute of traders could have foreseen such a turn.

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One might also ponder: Whether this Monero, having briefly dipped to test the support, shall manage to spring back with any degree of vigour. A question, surely, for the ages.

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These ‘Perpetual Swaps’ – A Modern Convenience.

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It has come to pass that XMR perpetual swaps have been launched upon the Hyperliquid exchange. Now, traders, ever restless and seeking new avenues for speculation, may wager upon the price without the inconvenience of possessing the actual coin. A curious development, especially considering its recent removal from certain… more restrictive marketplaces. A most convenient fiction, wouldn’t you agree? 🤪

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A fellow named XBToshi, a purveyor of wisdom (or so he claims) on the platform ‘X’, declares that though they may attempt to obstruct the direct acquisition of Monero, they are powerless to prevent the discerning of its true value. He further announced that these XMR Perpetual Swaps are now live on Hyperliquid through a ‘permissionless HIP-3 deployment’ – a phrase which, if one is honest, sounds suspiciously like a coded incantation.

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Source – XBToshi

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The ensuing increase in trading volume was, unsurprisingly, quite pronounced. A backlog of pent-up demand, it seems. This ‘third-party perpetual market’ was concocted by Felix Protocol. However, let us not be naive; early trading is often characterized by a distinct lack of liquidity and a plethora of risk. A gambler’s paradise, perhaps, but not for the faint of heart! 💸

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The Allure of Privacy – A Shelter From Uncertainty.

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As Bitcoin ascends to the rather dizzying heights of $85,000, the attention of investors is naturally drawn to those coins which offer a modicum of privacy. In times of turmoil-and let us be honest, the world is rarely not in a state of turmoil-men tend to favor assets that cannot be easily traced or controlled. The increase in volume is, therefore, a most logical consequence.

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Of late, the efficiency and privacy of the Monero network have been notably enhanced by various improvements. Adoption proceeds, though subtly, through the use of VPNs and privacy-focused services. These changes, devoid of the usual hype and grandstanding, nevertheless justify this recent surge in demand. A quiet competence is often the most effective.

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Technical Indicators – Whispers of a Bull.

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The chart depicting the price of XMR reveals a most encouraging trend – a series of progressively higher lows. The recent surge has overcome short-term resistance, as if by sheer force of will. The momentum indicators, too, lean towards a bullish outlook, showing no signs of exhaustion. A most promising sign, indeed!

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The RSI, a measure of exuberance, has risen, but not to the point of recklessness. The buyers do not appear driven by blind optimism. The trend indicators suggest a genuine, purposeful direction, rather than a mere fleeting spike. A sensible and measured rise, one might say.

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This movement is, furthermore, corroborated by the volume of trading. There is, it seems, a genuine and substantial interest underlying this rally. A constructive structure exists in the price, holding firm above recent breakout levels. A reassuring spectacle for the discerning observer.🕵️

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What Does This Mean For XMR?

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This recent activity is not about fundamentally altering the nature of Monero. It is about access, relevance, and opportune timing. Perpetual trading offers a new means by which the market may interact with XMR. A modern convenience, perhaps, but one that should not be disregarded.

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The demand for privacy increases in proportion to the weakening of confidence. Network upgrades function silently and efficiently. This combination of factors serves to explain Monero’s current outperformance. A case of being in the right place at the right time, as is so often the case.

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Whether this shall become a sustained trend remains to be seen. The direction will be determined by the continuation of current volume levels. It is a gamble, to be sure, but one that many are seemingly willing to take. The whims of the market are, after all, a fickle and unpredictable force. 🤷

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2025-12-18 03:17