Why is it pumping?
Nothing is pumping, faggot
daily low: $100
Current price: $126
26% in a single day like this is pumping faggot.
That's a sign that the whole market will pump in a day or two.
oddly enough xmr tends to be a leading indicator of market movement. when it pumps, the next day everything else tends to do pump too. the opposite is also correlated. inb4 bullshit, look it up.
nice, ty for your insight niggas
never went below 110 faggot
Bitfinex daily low was 102 you stupid cunt
no one cares douche
This. I've noticed this too, but I can't figure out why.
This might have something to do with Monero's cryptonote algorithm. It's probably one of the most decentralized coins, so price isn't controlled as much by big miners. So the price of Monero tends to reflect real demand for crypto by retail investors.