Monero
Why Monero is down 1.7% in the last hour
Analysis
Monero (XMR) slipped 1.7% over the past hour despite generally positive attention around the project. U.Today reported Cardano founder Charles Hoskinson praising a “massive” Monero protocol upgrade years in the making, but the piece did not cite any immediate catalysts that would drive near-term buying, leaving XMR vulnerable to a short-term pullback.
Contributing Factors (1)
Cardano Founder Praises 'Massive' Monero Upgrade Years in Making
The Cardano founder expressed his admiration for the Monero team for relentlessly building all these years towards the upgrade.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.