1. What is Monero?
Monero ($XMR) is a decentralized cryptocurrency focused on anonymity. Created in 2014, it uses the CryptoNote protocol to keep transactions private and hide information about senders, receivers, and amounts.
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2. Why is it needed?
Monero provides complete privacy for users, which is a key advantage over many other cryptocurrencies. It solves the problems of transparency of public blockchains, where information can be tracked, and becomes a choice for those who value privacy or need it due to the specifics of their activities.
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3. Is it worth investing?
Monero is a high-risk but potentially high-growth asset. The demand for anonymity may grow, especially in conditions of increased state control. However, risks include negative attitudes from regulators and potential bans due to the use of Monero in illegal activities.
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4. How is it different from others?
Unlike Bitcoin$BTC , Ethereum$ETH , or other public blockchains, Monero masks all aspects of transactions (addresses, amounts, balances). Competitors such as Zcash also offer anonymity, but in Monero it is mandatory by default, guaranteeing a higher level of privacy.
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5. What is the price until 2025?
Analysts predict that with stable demand for private transactions, Monero could reach $300-$400 by 2025. However, optimistic scenarios suggest a rise to $500-$700 if Monero remains out of serious regulatory pressure.
