Panda’s exploits has raked in $100,000 worth of Monero {XMR} so far; war against privacy coins accelerates

September 20, 2019 David Monero 0

Monero is ranked at #12 to the south of Cardano in the market. The trading volume recorded stands at $86.744 million, whereas the supply has 17,217,757 XMR coins involved in circulation. The total market cap of Monero is $1.323 billion, due to a boost rate of 3.11% experienced in the course of the past 24-hours. XMR is priced at $76.88.

Naomi Brockwell LIVE streamed her conversation with the CEO of Edge Wallet. The topic of discussion was regulatory uncertainty linked to privacy-based coins that had led to delisting on OKEx and various other leading exchanges. You can check out the entire talk [in detail] right here:

According to the data obtained from the chart connected to the XMR/USD pair on tradingview, the digital currency is being backed by buyers for now [as the current candle for today has been green]. The daily RSI rose slightly to reach 50.26. The MACD line has been steadily climbing atop the signal line in the aftermath of 16th September.

By tomorrow, the Awesome Oscillator peaks [the final 7 all bear the brown shade] may head above the zero line. This shall indicate that a proper trend change is on the way.

Meanwhile, a group named Panda has been highly successful in distributing malware so as to secretly mine XMR coins. This has incurred huge profits; till now the value is roughly $100,000. Cryptojacking has become a common phenomenon, as scores of black hats have come up with their own software that can remotely mine, slow down internet speeds, and create other problems for the primary user.

About Post Author


Aditya Chatterjee

A specialist in comics and cryptocurrencies with an inclination towards DASH and Cardano. I have an innate desire to be a seasoned trader in the near future. Analyzing candlestick charts is a personal hobby.

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