Monero (XMR) rose 0.7% against the US Dollar in the one day period ending July 15 at 12pm ET. Currently, one Monero coin can be purchased for $158.17 or 0.00250190 BTC on popular exchanges. In the past seven days, Monero has risen 3.2% against the US Dollar. Monero has a market cap of $2.92 billion, and $76.59 million worth of Monero was traded on exchanges in the past 24 hours.
Here is how other cryptocurrencies performed in the last 24 hours:
- Bitcoin (BTC) has risen 5.4% against the dollar and is currently trading at $63,219.20, or 1.00000000 BTC.
- Dogecoin (DOGE) has risen 6.2% against the dollar and is currently trading at $0.12 or 0.00000189 BTC.
- Bitcoin Cash (BCH) has risen 4.6% against the dollar and is currently trading at $386.66, or 0.00611622 BTC.
- UNUS SED LEO (LEO) rose 0.2% against the dollar and is currently trading at $5.85 or 0.00009246 BTC.
- Litecoin (LTC) rose 1.7% against the dollar and is currently trading at $70.62, or 0.00111707 BTC.
- Ethereum Classic (ETC) has risen 3.2% against the dollar and is currently trading at $23.15, or 0.00036621 BTC.
- Arweave (AR) has risen 3.9% against the dollar and is currently trading at $25.48 or 0.00040299 BTC.
- Bitcoin SV (BSV) has risen 7.4% against the dollar and is currently trading at $43.86 or 0.00069370 BTC.
- NyanCoin (NYAN) has fallen 2.2% against the dollar and is currently trading at $2.40 or 0.00008809 BTC.
- eCash (XEC) has risen 14.8% against the dollar and is currently trading at $0.0000 or 0.00000000 BTC.
Monero Profile
Monero is a Proof-of-Work (PoW) coin that uses the RandomX hashing algorithm. It was first traded on April 18, 2014. Monero has a total supply of 18,446,744 coins. The official Monero Twitter account states: 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
Currently, alternative cryptocurrencies such as Monero cannot generally be purchased directly with US dollars. Investors who want to buy Monero must first purchase Ethereum or Bitcoin on an exchange that accepts US dollars such as GDAX, Coinbase, Gemini, etc. Investors can then use their newly acquired Ethereum or Bitcoin to purchase Monero on one of the exchanges listed above.
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