Regardless of the title, I'm pro Monero. The reform needed is advertisment.
It also forecast that a monero future price of $156 was possible… in December 2023. ... The site has updated its monero price prediction 2022 to say that it should average around $204.82 by the end of December 2022, around $232.26 by December 2023, and around $333.14 by December 2024. We have an unstable and unsustainable situation right now where the cryptocurrency idea and the cryptocurrency dream have diverged. Monero actually is what unsophisticated investors think they're investing in when they're investing in bitcoin.
Monero is the magic internet money that the government can't stop or control, a store of value that the cypherpunk founding fathers of cryptocurrency envisioned when they began working on bitcoin. And as we can be sure from the steady stream of "bad press," Monero is what people trying to actually use cryptocurrency for actual use cases aside from speculation actually use.
A helpful parallel is the dot com bubble of the late nineties. In hindsight, all of the people who lost their shirts were correct that e-commerce would be the future of business. But they didn't know the which and the how. The companies which were the least interesting and captivating, the reliable little search engine, the trusty little bookstore, and others that actually delivered on real value eventually went over the moon.
MySpace had an indomitable first mover advantage and network effect right up until it didn't. And bitcoin's "MySpace Moment" is coming soon enough. Monero probably won't be centered in the early part of that story, and it's growth will likely be largely in stablecoin tokens of XMR locked up in whichever smart contract chain wins.
This is an interesting market within interesting times, and it's way too early to count Monero out. No one can control or predict the future. Nothing is certain in life. With that said, I do believe monero is superior in almost every way compared to Bitcoin. Private/fungible, asic resistant, tail emission. One of the few that are actually putting “currency” into crypto currency. I think it has a bright future, but only time will tell. Best of us didn’t even know that cryptocurrencies existed at the beginning of 2017. And those who did know though that it was all about Bitcoin and Ethereum. But as 2017 progressed, cryptocurrencies boomed more than anything ever seen before.
The market capitalization of cryptocurrencies grew from $19 billion in January 2017 to $795 billion in January 2018. That’s a total growth of over 40000%!
Many new cryptocurrencies became a part of this success story, Monero is one of them. Monero was the 11th largest cryptocurrency with a market capitalization of $3.35 billion back in 2018. However, at the beginning of 2022, Monero is the 17th largest cryptocurrency with a market capitalization of $2.41 billion.
Monero performed extremely well in 2018 and many investors are wondering whether it will be repeated in 2022. Those of you who are also questioning the future of Monero have come to the right place.
I will share the top Monero predictions for 2022 in this guide. I will also cover the basics of Monero and its historical price trends so that you have a good understanding of what this cryptocurrency is capable of.
By the end of this guide, you should have a good understanding of the Monero future. In addition to using this information, I also recommend that you consult a financial advisor before making any investment decisions.