
Monero Rallies 12% Past $650 as Leverage Builds
- —XMR gained 12.17% over 24 hours to trade at $648.26
- —Monero's market cap reached roughly $12.2 billion
- —The token now ranks 12th among cryptocurrencies by market cap
Why it matters: Rising leverage raises the risk of a sharp XMR correction if market sentiment reverses.
Source: Coinotag