Monero is the digital hedge to bitcoin bear markets like gold is the same to stocks. You can think what’s gonna happen when people realizes they don’t even need to return.

I use it for spending and to store value.

It is up more than 2x since the binance delisting last year and has outperformed Bitcoin, anyone saying Monero can’t work as a store of value is wrong. Because it’s so stable, it works even better. During this week’s crash I was not very worried because I knew XMR is rising in price die to its utility, not from speculation, and this crash did not impact its utility in the slightest.