This is the price chart of Monero.
When did quarantine start again?
Okay, so, like bitcoin, it has risen. I have already explained why Cryptocurrencies have risen during this time (in https://www.publish0x.com/the-rise-of-cryptocurrencies-during-covid-19/the-rise-of-bitcoin-xkkgkgw ), so instead let's take a look at the differences between Bitcoin and Monero and whether these differences could make a drastic change to its price.
Firstly, the ring signatures. instead of just one signature like Bitcoin does, Monero has multiple signatures that allow it to have a higher level of anonymity. Therefore, it has higher privacy and nobody can see your transactions or the amount you have.
It also has more distribution, with 77% of it's hashrate coming from unknown pools compared to 9% of bitcoin's hashrate coming from unknown pools.
So, Monero is bitcoin but focused on privacy. Nothing that could cause a big problem there.
Thanks for reading.