Monero (XMR) fell 2.5% against the dollar in the 24 hours ending at 7am ET on July 14. Currently, one Monero coin can be purchased for $156.76 or 0.00261148 BTC on cryptocurrency exchanges. Monero has a market cap of $2.89 billion, and approximately $51.66 million worth of Monero was traded on exchanges in the past 24 hours. Over the past seven days, Monero has risen 1.8% against the dollar.
Here's how similar cryptocurrencies performed in the past 24 hours:
- Bitcoin (BTC) has risen 2.7% against the dollar and is currently trading at $60,020.93, or 1.00000000 BTC.
- Dogecoin (DOGE) has risen 3.3% against the dollar and is currently trading at $0.11 or 0.00000188 BTC.
- Bitcoin Cash (BCH) rose 0.8% against the dollar and is currently trading at $376.13, or 0.00626603 BTC.
- UNUS SED LEO (LEO) fell 0.6% against the dollar and is currently trading at $5.78 or 0.00009636 BTC.
- Litecoin (LTC) rose 0.1% against the dollar and is currently trading at $70.10, or 0.00116773 BTC.
- Ethereum Classic (ETC) rose 2.2% against the dollar and is currently trading at $22.38 or 0.00037289 BTC.
- Arweave (AR) fell 0.4% against the dollar and is currently trading at $24.40 or 0.00040644 BTC.
- NyanCoin (NYAN) has fallen 2.2% against the dollar and is currently trading at $2.40 or 0.00008809 BTC.
- Bitcoin SV (BSV) has risen 2.9% against the dollar and is currently trading at $40.86 or 0.00068071 BTC.
- Conflux (CFX) has risen 5% against the dollar and is currently trading at $0.15 or 0.00000251 BTC.
Monero Profile
Monero (CRYPTO:XMR) is a Proof-of-Work (PoW) coin that uses the RandomX hashing algorithm. It was launched on April 18, 2014. There is a total supply of 18,446,744 Monero coins. The official Monero Twitter account is Monero The Facebook page can be accessed here. The official Monero website is www.getmonero.org. The official Monero message board is forum.getmonero.org. Monero’s Reddit community is https://reddit.com/r/monero and the currency’s Github account can be found here.
According to CryptoCompare, “Monero (XMR) is a decentralized cryptocurrency created in April 2014 by a group of developers led by anonymous developer “thankful_for_today”. It utilizes a combination of ring signatures, ring confidential transactions, and stealth addresses to protect the privacy of senders and receivers, and employs a proof-of-work consensus algorithm to ensure the security of the network. XMR is used as a means of exchange between individuals and organizations, allowing for fast and secure transfers over the internet, and can be exchanged for other cryptocurrencies and fiat currencies. It is listed on various cryptocurrency exchanges and is accepted by many merchants and services.”
Monero Coin Exchange
Alternative cryptocurrencies such as Monero cannot generally be purchased directly with US Dollars. Investors who want to trade Monero must first purchase Bitcoin or Ethereum on an exchange that accepts US Dollars such as Coinbase, GDAX, Gemini, etc. Investors can then use their newly acquired Bitcoin or Ethereum to purchase Monero on any of the exchanges listed above.
Receive Monero Daily news and updates – Enter your email address below to receive a concise daily summary of the latest Monero and related cryptocurrency news and updates in MarketBeat.com's free CryptoBeat newsletter.
