Monero XMR and 51% Attack Risk — Watch for Confirmation
I can’t directly open the URL you provided — please paste the article text or allow me to fetch it. Until I see the full content, I’ll summarize and give my view based on what an OKX article titled “Monero (XMR) price — 51% attack” would likely cover.
I believe a confirmed 51% attack on Monero would likely cause near-term price weakness as confidence, exchange listings and on‑chain activity come under pressure. However, Monero’s RandomX PoW, decentralised miner base and privacy utility reduce the long‑term probability of permanent damage unless mining centralisation or a critical protocol exploit is demonstrated.
Practically, I’d watch on‑chain indicators (hashrate, orphan/reorg rate), official developer responses and exchange actions. I wouldn’t open large positions on headline noise — wait for technical confirmation and remediation steps, then reassess.
Analysis
Recommendation
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.