Monero Price Prediction: Will the largest “privacy coin” ever reach $1000?

As it can be clear from the analysis cited above, Monero's (XMR) projections are rather contradictory. There is no universal consensus either about positive or negative future XMR price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Monero projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).

FAQ

Is Monero a good investment?

Most sources agree that Monero is a good investment, as Monero price predictions usually forecast growth towards $350–$450 by 2022, potentially growing even further. Note that there are also sources that disagree, as the crypto market can be irrational and often unpredictable, including Monero’s future price. 

Is Monero better than Bitcoin?

Yes, Monero is better than Bitcoin in some aspects — as a privacy coin, XMR is virtually untraceable, which makes it the cryptocurrency of choice for those who value their anonymity. Monero is also cheaper to use and to mine. However, Bitcoin is faster and more widespread — i.e. more acceptable for many merchants and businesses.

What is Monero worth?

Throughout 2021, Monero has been worth ~$135–$515. Those prices allow Monero to rank pretty high in the coin ratings by market cap, usually in top-30. Monero price predictions for 2025, for example, mostly indicate that its price may keep growing, so stay tuned to keep track of the changes in XMR value.

What will Monero be worth in 2030?

Monero’s worth in 2030 is subject to change as the market is so volatile; however, some Monero price predictions promise that it will break the $1000 barrier by the mid-‘20s and will continue to rise, so XMR’s future might be very bright.

Does Monero have a future?

Yes, Monero has a future, according to most analytical sources. Its tech and fundamentals are quite solid, so even those experts whose Monero future price predictions don’t promise fast growth still agree that Monero will be around for quite some time.

Is Monero harder to trace than Bitcoin?

Yes, Monero is much harder to trace than Bitcoin, since it’s geared specifically to be a privacy coin. Monero is consistently ranked among the most private cryptocurrencies, often taking the #1 spot.

Is Monero illegal?

No, Monero is as legal as any other cryptocurrency, despite being anonymous and providing better protection of holders’, senders’, and receivers’ identities than most other coins.

Will Monero pass Bitcoin?

Probably not, as it’s hard to imagine any cryptocurrency surpassing Bitcoin. Although, this is the crypto world, where everything is possible.