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Monero surges to $716 ATH after 4% daily gain; XMR retraces to $708
Monero (XMR) set a new all-time high at $716 after rising more than 4% in the past 24 hours, before easing to $708. The token has gained over 50% in the last week, lifting it to the 12th-largest crypto with a market cap near $13 billion. Santiment cautioned that elevated social hype may pose risk.