Target: XMR at 3k USD some time next year... Prolly around November. Too lofty or likely possible? I have this funny feeling it could get there and flippen a lot of alts in the process.
Such a wild card. I put 3k USD in the same bucket as $80k BTC - High probability, and likely much, much higher. The case for Monero gets stronger by the hour, it seems to me. Get your Bull on.
I'd say closer to 6-10k would be a more top-ish area to consider this cycle go-around.
If it makes it into that range I will personally fly out to your island and kiss you on the head.
The corn just breeched 20. Woop.
If I see XMR in 4 digits, it would be something that 6 years ago wasnt even in the realm of possibilities I considered. It would be one of the signature moments in crypto, at least for me.
With XMR riding the BTC slingshot it could certainly get there if the XMRBTC price can hold or even increase. That's going to be the kicker. I think in this cycle we might begin to see which alts are considered to have promise. And kind of oddly I do not know for sure XMR will be on that list for the retail side at first. Reason being it is not widely available on the exchanges retail folks (esp. boomers) are going to use, it is still slightly more difficult to use with even hardware wallets, and it has the bad boy status (WHM, porn etc).
On the other hand I really think smart money will see it as an interesting hedge, and as much as I know many prefer not to concentrate on this, there is no doubt it will end up the king of black/gray market transactions. Eventually I believe most drug trade will be done using Monero, eventually even on the street (10 years).
To that point I suppose yesterday was the PornHub pump (hmm... memes?) and I believe we will see more people wanting to use Monero when they realize the lack of privacy they face with nearly all other crypto.
Monero has always been the outlier. Remember when we only had a CLI wallet? I 'member.
It's gonna sneak up on people. That I know for sure.
