Monero's XMR hits $500 for the first time since 2021 as rival Zcash fumbles

History shows XMR has repeatedly failed near record highs, risking another sharp pullback unless it decisively breaks above $500–$520.

Key takeaways:

Monero jumped above $500 as traders favored it over Zcash amid governance turmoil.

History suggests XMR risks a sharp pullback unless it firmly breaks above $500–$520.

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