Well I'm glad to see Monero up a bit.
Maybe people are starting to realize Zcash won't totally kill the market and that Monero is a solid technology?
Maybe it's painfully obvious that if you go back to the same levels BEFORE the pump even started -- 0.06/btc -- a price that was steady when there were NO DNM's using Monero.... it's probably a sign that XMR has been oversold and this is probably a good entry point.
RingCT and GUI is still yet to be released, as far as I know. There is plenty of room for growth from here. The market can still be irrational and re-visit 0.06 or even dip down to 0.04 as BTC keeps looking hella bullish. But for long term 0.06-0.08 is solid imo.
It also helps that Zcash is turning out to be a disaster... what kind of idiot would support a coin where founders get 20% of all supply lmao. RingCT essentially gives Monero the same features as Zcash
I think you are missing a zero just to the right of the decimal.
Monero opened this year @ 0.001142 so we are up ~715% since then vs btc and btc is up ~62% vs USD so......hold on I have to take off my shoes.
And no the pump started before 0.006, around 0.00420
and there was obvious upwards pressure before the pump.
I can say what has happened but as far as what will happen I can say little except............overall up over the long term, unlike almost every coin.
