Monero (XMR) Climbs Over 7% Before Weekend Hard Fork

Monero (XMR) price has surged by as much as 7% in a matter of 24 hours before network upgrade or hard fork on August 13. XMR climbs by over 7% overnight before the weekend hard fork. Binance recently announced support for Monero’s hard fork or network upgrade. Crypto targets $200; then $217 next. Historically, upgrades have always triggered a boost in XMR price. The altcoin is seen to have soared by 65% since midway of June which signals a robust price movement. With consistent and continuous recovery of the crypto market, XMR price might even shoot above $200. According to CoinMarketCap, XMR has soared by 1.28% or trading at $167.70 as of this writing. Related Reading: APECoin Retraces 2.5% In Last 7 Days – More Selloff In The Offing? The Monero Hard Fork With this upgrade rescheduled a lot of times, everyone is excited that it’s finally here. Monero is set to perform a hard fork to boost network performance, speed, wallet syncing capability, privacy, security, and decrease volatility in prices. Monero announced in a tweet that the network upgrade via a hard fork will transpire at block 2,688,888 on August 13. More so, the privacy protocol has also officially rolled out Ledger Monero App v1.8.0 as well as the CLI & GUI v0.18.1.0 “Fluorine Fermi.” It is highly important for exchanges, merchants, services, and users to run the v0.18 prior to the launch of the network upgrade and also to ensure uninterrupted use of XMR block...