this post was submitted on 22 Sep 2023
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Monero

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Could the price be so stable because of a gigantic whale? (monero.town)
submitted 1 year ago by MoneroLover1@monero.town to c/monero@monero.town
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Maybe the xmr price is stable because some whale(s) sell the right amount at the right time, balancing supply to the present demand.

BTC wasn't stable when it was "the only coin used as an actual currency" way back in time

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[–] MoneroLover1@monero.town 2 points 1 year ago

good points!