Monero

XMR 1 Hour Move

-1.38%

$402.75 → $397.18

Why Monero is down 1.4% in the last hour

Analysis

Monero (XMR) slipped 1.4% over the last hour despite upbeat coverage around its long-anticipated protocol upgrade. U.Today reported that Cardano founder Charles Hoskinson praised a “massive” Monero upgrade that’s been years in the making, but the price action suggests the market didn’t immediately translate that positive narrative into near-term buying pressure.

Contributing Factors (1)

U.Today Protocol Upgrade 1 day ago

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.

Confidence

63%

Read source

Move Details

Asset Monero

Symbol XMR

Direction ↓ Bearish

Timeframe 1 Hour

Start Price $402.75

End Price $397.18

Change -1.38%

Detected May 8, 2026 11:50 AM

Explanation Confidence

63%

Moderate confidence. Multiple factors may be contributing.

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