But it isn't rising that much ($148.81 from the low of $137), it's just that it didn't collapse with coins primarily traded on centralized exchanges. Monero's attitude of "use it" over hodl & leverage keeps it stable.

And special to this situation, as I've written about earlier, this entire collapse is triggered by Japanese yen carry trades. Monero's history of being banned from the Japanese exchanges, makes it so that very few people long XMR/JPY on leverage

https://simplifiedprivacy.com/Monero-Japenese-Yen/index.html

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[–] [email protected] 3 points 3 months ago (1 children)

Do people in Japan use Haveno? Is there any cash-by-mail happening in Japan?

[–] [email protected] 1 points 3 months ago

asking the real questions here any japanese person can say?