I was looking at Monero’s price chart, and it caught my eye. This isn’t the first or even the second time Monero has seen a sharp, explosive surge. The price jumps in a way that doesn’t match steady organic demand. It’s more like a sudden, intense wave of demand appears out of nowhere - and the available supply just can’t keep up.
Looking at the chart, this demand seems to arrive quickly and unexpectedly, only to vanish just as fast. The price then drops back to where it was.
What’s behind these strange demand spikes - does anyone know?
At rabbit.io, we’re always seeing strong demand for Monero. It’s consistently one of the most popular assets for swaps, and that demand doesn’t change much, regardless of price movements.
So if the demand stays steady, where are these wild price swings coming from? It almost looks like someone is deliberately rocking the boat, trying to make Monero inconvenient to hold and move.