Many coins are in the green today, including Monero (XMR), Bitcoin (available on Coinbase) Cash (BCH), Nano, and Global Jobcoin (GJC).

Monero (XMR)

Monero is currently selling for $302.34, putting the coin up 4.16% in the past 24 hours.

Source: CoinMarketCapOn the whole, for the week, XMR is up. Monero is going to be hard forking to MoneroV (XMV) in mid-March, which could explain the coin’s growth. Holders of XMR will receive a ten times airdrop of the new XMV tokens, so long as their XMR is in a Monero wallet. People may be buying up Monero now in order to benefit from the upcoming airdrop.

There are similar concerns regarding the MoneroV hard fork as there were about Litecoin (available on Coinbase) Cash, namely that it won’t be supported by exchanges and that entering private key data into the new wallet may allow access to the original wallet. WhETHer these concerns are founded remains to be seen.

MoneroV is meant to solve the scaling problems of Monero.

It will be interesting to see the movements of Monero leading up to the fork of MoneroV. Will XMR continue to grow? What will happen to Monero once the fork happens?