Monero (XMR) experienced a price drop to $328 following the launch of its Fluorine Fermi network upgrade on October 9. The upgrade aims to enhance privacy by introducing a smarter peer selection algorithm to protect users from 'spy nodes' and surveillance-linked subnets. Despite these improvements, XMR's price fell by 0.8% in the last 24 hours, although it has seen a 2.2% increase over the past week and a 26% rise in the past month. The price briefly hit a daily low of $328 before recovering to $336.81.
Monero Price Dips to $328 After Network Upgrade
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