Monero (XMR) has experienced significant growth, reaching an all-time high of $797.73 in January 2025, translating into massive returns for early investors starting from its low of $0.2162 in 2015. However, recent price corrections with a 4.8% drop in 24 hours and over 16% from its peak suggest that the rally might be slowing. The surge was partly fueled by increased interest in privacy tokens and internal turmoil at ZCash, causing capital to flow into XMR, but broader market bearish trends could lead to further profit-taking.

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