After a brief dip Monero is on the rise again, according to Cryptocurrency Market (https://coinmarketcap.com/) $142.92 on Monday 28-08-2017 (04.03 GMT). Most observers agree the listing of Monero on the South Korean exchange bithumb will have a positive effect on the Monero price. Newcomers entering this market should note that Monero may have peaked too soon with the possibility of a price fall. My own personal belief is that given the incentives provided by bithumb Monero’s price is likely jump significantly over the next week or so with the inevitable correction shortly afterwards.
For people buying into the Monero market now this presents a FOMO moment.
bithumb deposit address is now open and the listing day is August 30th, 2017 Midnight – although some details may have been lost in translation as the website infers that the 30th is Sunday?!
It is sobering to reflect on the fact that for the first 3 months of 2017 the price of Monero hovered around $12. FOMO strikes again
Fear Of Missing Out