It is just a start. With the further developments, the price will be much higher later in the year.
Developments don't reflect the price, the market is irrational.
That was irrational.
https://www.youtube.com/watch?v=5dA3DePirsEDamn I love this scene Lol
Developments don't reflect the price, the market is irrational.
I would say opposite - the price doesn't reflect developments. But one of the edge of Monero is the vast listing on exchanges. This makes buying and selling it with fiat in most places effortless compared to other anonymous cryptocurrencies. Therefore I think XMR has every chance to be number one anonymous coin and we can sit back and hope.
What Monero has is the worlds confidence and that is worth more than anything.
That 'unknown' hash sure is creeping up! 26% of total hash-rate or 133 mh/s..
Do I smell an ASIC?

Can this be a large private farm? It's bigger than nanopool with 90000 users mining XMR!
It couldn't be asic. There is just no way that anyone could roll out an asic that quickly.
Not true, but unlikely that it is a new chip asic it may be FPGA's or a hybrid like I mentioned a while ago. It could also be a botnet. I'll let those more in touch with the data comment as I am just conjecturing here.