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Why Is Monero (XMR) Price Pumping Today?

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Monero (XMR) is leading the crypto market today while most others are finding it difficult to keep their ground. As of now, the XMR price is seen trading close to $431, an increase of about 6% within the day, with their trade volume having increased over 13%, indicating that this is not a superficial market
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bearish:

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