Monero's (XMR) is popular due to its ability to help anonymize users.
The transactions are much more difficult to trace because they use stealth addresses.
But that is not what regulators want for the crypto space.
A leaked copy of US draft bill proposes to eliminate anonymous crypto projects.
DAOs, DeFi and exchanges will be required to legally register in the US!
After XMR hit the $200 resistance, i think it will drop to $137.
Looking forward to read your opinion about it.