Monero (XMR) Blockchain To Be Safeguarded By Drones

Monero has been recently in the news due to various struggles, achievements, and also hacking events that involved mining XMR.

The latest version v0.12.1.0 release of Monero (XMR) marks the introduction of Trezor support for the model T, as CryptoNewsZ reveals.

The online publication writes that “the guide is in the command line interface, but a GUI version will be made available soon.”

Important Monero partnership

They also mention the fact that Astral AR, a Texas-based company that’s specialized in safety drones and Core Scientific which is a blockchain infrastructure and AI company have revealed a partnership with Monero that places mining software on high-power safety drones.

According to the online magazine mentioned above, the new partnership will be called Project Palladium and under this project “Astral AR will use Core Scientific’s proprietary software, Minder and MinderOS, to monetize unused processing power on sophisticated safety drones to secure the Monero blockchain.”

Monero price prediction

At the moment of writing this article XMR is trading in the green on CoinMarketCap and the privacy-oriented coin is price just above $98.

Not too long ago, Coincodex noted that the buyers have been gaining control of the market, and they also note that “The next key resistance for the bulls lies at $105 and $110 levels.”

CryptoNewsZ noted just recently that the projects that are focused on long term plans and development would be the ones that have a higher chance of sustaining the test of time, and Monero is, without a doubt, such a project.

The online publication pointed out the following: “As per our speculation, Monero (XMR) most probable to trade around 150 USD to 170 USD by the end of 2019.”

The online publication also makes sure to warn potential investors not to trade in the short term, at least for the moment, due to high market volatility.


Companies Mentioned

CoinMarketCap
CoinMarketCap

CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.

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Andreas Townsend Author

I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.

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