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Monero price breaks through $400 still to be confirmed

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CryptoWorld News reports that Monero (XMR) saw a double-digit gain on June 11, with the price fluctuating between $351 and $354 and rising more than 10% within 24 hours. This rally is linked to a rebound in demand for privacy coins, especially after Cake Wallet expanded its support for Monero through Foundation's Passport Prime hardware wallet. Security engineer Taylor Hornby said that he will add Monero to the audit queue, and the news also drew traders' attention. Although Monero’s price has fallen 13.25% over the past month, the latest move has brought short-term momentum back to buyers. XMR is still above the $266 to $320 demand zone, and the daily chart shows it recovering after a sharp pullback from nearly $800 in January. Analyst Lucky said the current market conditions are “finally starting to heat up,” and noted that XMR is moving toward a potential historic breakthrough. XMR’s daily trading volume is approximately $142.36 million, and its market capitalization is about $6.59 billion.
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QuantsAndCats
· 4h ago
The demand range of 266-320 has held, and the bullish technical structure is still intact.
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DaoSidequester
· 5h ago
A 13.25% monthly drop can turn around in an instant—the volatility of privacy coins has never been unclear.
View OriginalReply0
NonceCollector
· 5h ago
Cake Wallet integration with Foundation Passport Prime is indeed a positive development—a combination of hardware wallet and privacy coins.
View OriginalReply0
HexiHoodie
· 5h ago
Taylor Hornby says to audit XMR? This signal is very significant; privacy coins fear nothing more than a crisis of trust.
View OriginalReply0
CandleSitter
· 5h ago
XMR's privacy narrative is rising again.
View OriginalReply0
AirdropSideQuest
· 5h ago
Falling from $800 down to around $300 and still holding steady, seasoned traders all know how strong this chip structure is.
View OriginalReply0

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