Alphabay Accepts Monero, But The Currency Is Not a Big Hit

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Alphabay and Oasis Market began accepting Monero in August 2016, resulting in a massive price increase for Monero and a tripling of transaction volume worldwide.  Oasis ended in an exit scam, and it appears Alphabay is currently the only market accepting Monero.  While it is true that Monero offers more anonymity than Bitcoin, it is easy enough to anonymize Bitcoin with a Bitcoin mixer

Currently, Monero accounts for only 2% of transactions at Alphabay and the worldwide market cap is only $100 million for the cryptocurrency.

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