CandleFocus Report Claims Forbes Criticized Over Misconception About Monero
2024-12-03
Author: Content Editor
Cosine, the founder of SlowMist, has criticized a Forbes article that classified Monero (XMR) as a "zombie coin." He argued that Forbes misunderstood the strong privacy features and critical role of Monero in decentralized finance. He emphasized Monero's reputation as the "king of the dark web" and a "black hard currency" due to its unmatched privacy and anonymity. Supporters argue that privacy coins like Monero are essential for protecting individual financial freedoms, while critics associate them with illegal activities. The price of XMR currently stands at $170.52 with a 2.6% surge in the last 24 hours.
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