Monero Coin News: The most wanted privacy crypto coin Monero (XMR) price is decreased by 6% in the past few hours. The coin reached its all-time high of $458 in the first week of the January and now it has fallen to $280 in the January end. Every year January, Cryptocurrency usually fall down due to Christmas, New Year and Chinese New Year as people sell their coins for their expense.
It is expected that all the Crypto coins will be back on the track from the first week of the February. Surprisingly, Monero coin is conducting a meetup in Los Angeles on 6th February 2017. If you are thinking about investing in any altcoin, Monero is a good option now as this is a number 1 privacy coin at the moment.
The price of the Monero coin is expected to hit $400 again in the February mid. If you have bought it at an all-time high price, we request not to sell in a panic. It is better to Hold and wait for at least a month as market always dull during the first month of every year due to festivals.