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Monero’s Closest Price Targets for 2019: The Big Bang Is Coming Soon! XMR Price Is Expected to Multiply

  • Vera Thornpike
    🤷 Opinions

    Monero price prediction 2019: Positive trends are around the corner


Monero’s Closest Price Targets for 2019: The Big Bang Is Coming Soon! XMR Price Is Expected to Multiply
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A year ago, Monero experienced its triumph: it soared to $494 in January 2018, but its value faded quickly. What to expect from Monero this year? Will it overcome the $100 threshold again? Let’s see what experts think.  

Technical analysis: Monero is to go through a bullish period

A few websites provide XMR price predictions based on historical and trading volume trends. Even though the vast majority of cryptocurrencies aren’t promised a bright future, Monero seems to have great prospects ahead:


  • According to Walletinvestor.com, Monero will cost $638.73 at the end of 2019, which gives us x14 return from the current price of $44.50.

  • According to cryptoground.com, Monero will get a kickstart in summer 2019 and reach $119 (it’s a 166% ROI). However, the following next months will hardly change anything.

Monero promises to skyrocket by the end of 2019

Other opinions

The Profitconfidential.com website bases its prediction on several factors, including:

  • Underlying Monero technologies;

  • Its team;

  • Past and current market trends.

Therefore, its Monero price prediction for 2019 is $350 – $400. That seems to be more viable than the first suggestion.

According to the forecast from oracletimes.com, Monero has a great chance of becoming one of the top-3 cryptocurrencies in 2019 by performance thanks to the anonymity of transactions it supports. That can make Monero investors ten times richer by the end of 2019 (XMR might be up to $450).

Smartereum’s XMR prediction is very optimistic: it claims Monero can soar to $650 by the end of this year. Its author reckons that Monero is to go through a major bull run, and the fact that XMR transactions are pseudonymous will contribute to that.

What will drive Monero growth?

Although he doesn’t say any certain numbers, John McAfee, a tech expert and crypto influencer, believes that Monero has enough power to challenge Bitcoin. If experts believe in the future of some cryptocurrency, their opinion alone can greatly advance the asset.

What else will influence the XMR price?

  1. Security and anonymity are among Monero’s main concerns, so this coin is very promising from the privacy standpoint. Its CryptoNote protocol makes transactions untraceable.

  2. Did you know that last year, over 40 artists (Sia, G-Eazy, Fall Out Boy and many others) started offering their records in return for XMR as a payment method? Some offered 15% discounts for purchasers using Monero. It means a lot for the popularity and availability of the coin.

  3. Monero and Ledger are working together to create a safe Monero hardware wallet – it will be the easiest way to store crypto.

Monero is superior to gold and Bitcoins

Taking into consideration all predictions, Monero’s price in 2019 should definitely rise. This year will be good for the cryptocurrency – this is a unanimous opinion. It’s hard to say whether Monero will hit its previous record by the end of the year, but February and spring might be a great time to make an investment.

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Cover image via u.today
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Blockchain Adoption Uncovered by Forbes as Billion Dollar Companies Buy In to Drive Technology

  • Darryn Pollock
    🤷 Opinions

    Blockchain adoption by billion dollar companies is probably a lot further along than expected as Forbes has revealed


Blockchain Adoption Uncovered by Forbes as Billion Dollar Companies Buy In to Drive Technology
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Forbes has recently released a list of 50 companies utilizing blockchain technology that are valued at over a billion dollars, these companies include the likes of Amazon, Microsoft, IBM, as well as less technical ones such as BP and Walmart.

What is surprising about the list is just how broad the scope of interest is when it comes to blockchain by these massive global companies. The adoption of blockchain, over the last 10 years, has been relatively slow, up until now.


But, in 2019, it seems that the future of technology has been laid out and to get a competitive edge these companies realise that there is a lot that can be done with blockchain and that they need to get their foot in the door.

Heavy hitters

While the Forbes list paints a grand picture of blockchain adoption, it also shows just how far along in the process some of these companies are. For companies to have made it onto the list, they have to have been using blockchain in some sort of effective and tangible way.

There are some, like insurance giant MetLife, which already has a working blockchain, and product, that has been going since 2014. Back then, the adoption of blockchain by major companies was not even heard of – it was more about the starting boom of Bitcoin.

But blockchain is the new leader in the space, taking over the batton from cryptocurrencies which certainly helped raise the profile of the entire ecosystem. If it was not for the cryptocurrency boom, a lot of these major companies would never even have stumbled across the underlying technology.

A drive for blockchain

Now, with the cryptocurrency market right back down again, and a lot of the speculation having been cleared out, there has been a whole year of rather focusing in on blockchain building and its application, instead of making money off speculative tokens.

That change in mindset has really helped major corporations take on the technology and begin experimenting with its efficiency and disruptive powers. There is almost an arms race going on as the advantages the technology can give across a huge spectrum of enterprises, which are massive and very coveted.

A need for enterprise investment

There still remains a debate as to whether blockchain, and crypto, with its decentralised nature, is in need of these major corporations coming in to monopolise the space which was born out of defiance of banks.

However, it would be foolish to think that blockchain can reach its full potential without a drive from big companies with big budgets. Smaller startups and companies are able to bring innovation and excitement to the space, but the mass adoption will only come when the heavy hitters are involved.

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