$AXM
StableSnapshot Window: 2026-09-13 00:40 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 2, Retweets: 0, Likes: 6, Impressions: 238
Verbatim Community Citations & Social Evidence 1 source posts analyzed
Why is Monero joining the THORChain a big deal? I'm seeing that XMR price has been stable, and risen quite a bit. Just a few months ago it was hovering around $160, and now we are seeing it holding at $500. This is quite strange to me as XMR is usually a currency of exchange and not necessarily a currency to hold. Most use it to "wash" BTC or other coins. Monero is the gold standard for privacy coins and private transactions albeit the transfers and the wallets can be a little finnicky. In recent searches, I am seeing that this demand is coming from XMR being added to the THORChain as a native currency. I understand that having another DEX is a nice thing to have, but I do not understand the reason for the elevated and hold prices at above $500, which is quite close to its ATH of $614. There has been some volatility, but it has not really dropped below $480.