Monero’s Price Spike Fuels Market Chatter

Recent price spikes in Monero (XMR) have sparked speculation about market manipulation, with an almost 50% jump observed within a short period of time. While the sudden surge to over $331 from its starting price of $232 has brought attention, it appears to have been fueled by an unusual transfer pattern involving Bitcoin. This move involved converting significant funds into Monero through various platforms, prompting suspicions that it could point to a potential hack or illicit activity.