Monero's price rose above $567 on Sunday, hitting a new all-time high. This surge continues the trend that began late last year, when privacy tokens showed greater resilience than the overall crypto market. While Monero has re-broken its 2017 bull market high after eight years, Ryan McMillin, Chief Investment Officer at Merkle Tree Capital, stated that because privacy coins are primarily traded on offshore exchanges, concentrated liquidity can lead to fragmented price discovery and amplified volatility, requiring investors to be wary of short-term price manipulation risks.