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The Monero price has skyrocketed 24% in the last 24 hours to trade at $303 as of 3:40 a.m. EST on a 364% pump in trading volume to $251 million.
The spike in the XMR price comes after a suspicious transaction involving 3,520 BTC ($330.7 million) was detected. The funds were transferred to a specific address and subsequently laundered through multiple exchanges and converted into Monero (XMR).
🚨 @zachxbt reports that there were suspiciously large BTC transfers – potential theft of 3520.3 BTC. Large amounts of BTC were dumped to Monero, causing the recent $XMR spike.
We are monitoring the situation and will be updating this thread with our insights. pic.twitter.com/DSfNxbGw8p
— Hacken🇺🇦 (@hackenclub) April 28, 2025
This large-scale activity triggered a 50% price surge in XMR, driven by the substantial size of the swaps and the thin liquidity on the conversion platforms.
Monero Price Surges After Bullish Breakout – Can Bulls Sustain Momentum?
The Monero (XMR/USDT) 1-day chart shows a powerful bullish breakout following a long period of consolidation. For several months, the price traded sideways within a range, with a well-established support zone around $190 and a resistance zone around $230 to $240.
During this phase, the market accumulated liquidity below (sell-side liquidity) and above (buy-side liquidity) the range, setting the stage for a potential explosive move.
Eventually, Monero shifted its market structure (MS) from bearish to bullish. This transition was marked by price breaking above the $230–$240 resistance zone, leading to a sharp and aggressive bullish breakout.
Following the breakout, Monero surged vertically, reaching a high of around $357.95 before slightly returning to its current level of $296.17. This massive breakout candle, with little to no upper wick, suggests strong buying pressure without significant selling resistance.
XMRUSDT Analysis Source: Tradingview
RSI Overbought Region Signals A Potential Pullback
The current RSI reading is 85.46. Normally, an RSI above 70 suggests overbought conditions, and values above 85 often indicate that a short-term pullback or cooling-off period could be near. However, it also shows the strength of the momentum behind the current move.
Current key technical levels include the former resistance zone at $230–$240, which could flip into a new support zone if Monero retraces. Another essential level is the order block marked around $210–$220, where major buying activity likely occurred before the breakout.
If the price revisits this area, it could offer a high-probability entry for bulls looking to join the uptrend.
While the immediate momentum remains bullish, traders should be cautious of a potential pullback given the extreme RSI levels. As long as Monero holds above $230–$240, the medium-term outlook remains bullish, and retesting the recent high around $357 or even pushing higher remains a possibility after a healthy consolidation.
SUBBD Presale Closes On $300K – The Next Big Thing In AI-Powered Creator Platforms?
As the Monero price rises, it struggles to hold steady, but SUBBD Token (SUBBD) is gaining attention as a promising new AI-driven cryptocurrency.
SUBBD has already surpassed the $282k mark and is fast-approaching $300k.
The project aims to revolutionize the creator economy by combining AI with Web3. Its platform automates tasks like fan interactions, content creation, and live stream management, giving creators more time to focus on their work. The SUBBD token powers this ecosystem, enabling secure, low-fee transactions between creators and fans, cutting out costly middlemen.
Asked the devs if I could accept crypto. They said, “You already do.”
No banks. No begging. No names.
Just tap, pay, unlock – like nothing ever happened. 🤫
SUBBD is built for quiet transactions and loud content. pic.twitter.com/sSjMINjnnT
— SUBBD (@SUBBDofficial) March 31, 2025
Fans enjoy instant access to content, tipping, and exclusive perks, while creators keep more earnings and benefit from automation tools.
Crypto analyst ClayBro, with 136k YouTube subscribers, believes SUBBD could be “one of the best new cryptocurrencies to buy now.”
Staking Surpasses 2.6M Tokens As Price Hike Looms
SUBBD’s value proposition is particularly relevant now, as the subscription model and creator economy are booming, projected to reach $85 billion by 2028. Early investors can tap into this rapidly growing sector at the crossroads of AI and crypto, potentially seeing significant returns as adoption picks up.
With a claimed 250 million users, the platform offers high levels of utility for its token. By simply holding SUBBD, investors unlock premium features like loyalty rewards and discounts on content and subscriptions.
Let’s be real – no one subscribes just to wait around.
You’re in the mood now. But instead…
You're stuck refreshing, hoping for a reply, or waiting days for that one custom you paid for.
It’s slow. It’s awkward. And honestly? It kills the vibe.🫠
Here’s how SUBBD fixes all… pic.twitter.com/NPHXZFxHsb
— SUBBD (@SUBBDofficial) April 15, 2025
Out of the 1 billion token supply, 10% is reserved for airdrops as well, with additional tokens allocated for community and creator rewards. Investors can also stake their SUBBD tokens for a fixed 20% annual return.
Those looking to join the presale can buy SUBBD tokens for $0.055275, but the price will rise in just over 2 days as the presale moves into its next stage.
Visit the official website to learn more about SUBBD.
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