|Brief||The name of the Monero virtual currency has been borrowed from the Esperanto, in which "Monero" literally means a coin or currency. Token's first release has taken place in April, 2014.|
|Last updated:||Wednesday, September 30, 2020 7:00:02PM UTC|
|Crypto Volatility Index (CVIX):||49|
|Current price, USD:||99.83|
|Market capitalization, USD:||1 768 429 991|
|Available supply:||17 713 602 XMR|
|Volume 24 hours, USD:||386 778 660|
General XMR facts, technical details and general information about Monero crypto currency
The name of the Monero virtual currency has been borrowed from the Esperanto, in which "Monero" literally means a coin or currency. Token's first release has taken place in April, 2014. Contrary to Bitcoin's emission policy, the total amount of Monero tokens is not limited to a certain number: 18.4 million Monero tokens have been initially released, subsequent mining is to bring 0.6 new Monero coins for every two-minute block. Such policy was developed so that the miners could maintain the Monero blockchain even after the completion of the main emission.
Currently, cryptocurrency is primarily used for anonymous transactions. Monero virtual currency competed with such majors as Dash, LibertyCoin and AnonCoin, all of which strive for the maximum possible transactions anonymity. CryptoNote, used in the Monero blockchain, uses ring signature technology, a highly sophisticated scheme that may require the use of a range of different public keys for verification.
The main defining feature of Monero is its anonymity (it's founder, by the way, is also unknown). Thanks to a unique protocol, called CryptoNote, Monero users can make transactions with a very high level of secrecy. The sender, receiver and size of the transaction are recorded on a public ledger, but are concealed to reportedly make them untraceable.
This characteristic has made Monero an attractive coin for cybercriminals, e.g. the attackers responsible for the infamous WannaCry virus demanded payments in Monero. However, Monero has other interesting features, such as unlimited scalability, which few cryptocurrencies can boast.
Monero (XMR) is a private, secure, and untraceable cryptocurrency that was launched April 18th, 2014. With Monero, it is said you are in complete control of your funds and privacy no one else can see anyone else's balances or transactions.
Monero is cash for a connected world. It’s fast, private, and secure. With Monero, you are your own bank. You can spend safely, knowing that others cannot see your balances or track your activity.
We list daily Monero historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Sep 21||92.83||86.54||94.17||1 598 273 602|
|Sep 22||89.39||87.42||95.85||1 636 672 329|
|Sep 23||92.59||87.38||93.92||1 557 535 185|
|Sep 24||87.47||87.47||91.72||1 624 113 245|
|Sep 25||91.79||90.48||93.62||1 641 904 965|
|Sep 26||92.75||92.47||95.07||1 671 748 520|
|Sep 27||94.65||93.80||99.15||1 725 396 086|
|Sep 28||97.18||95.48||97.89||1 717 730 768|
|Sep 29||95.13||95.13||99.70||1 765 937 543|
|Sep 30||100.35||100.35||99.83||1 768 429 991|
|XMR price change 24 hours||4.39%|
|XMR price change 7 days||11.11%|
The increase in demand for alternative cryptocurrencies with low capitalization has been clearly visible in the dynamics of altcoins in recent times. The demand for small coins demonstrates that crypto market participants still have hope of finding...
Julius_Irwin July 21, 2020 XMR
I really think that XMR is a long-term hold. Privacy coins had their time in the sun, but they’ve become irrelevant since no one cares if you can hide your money. Everyone is focused on projects that are partnering with banks, not shunning them. Of...
Bobby April 21, 2020 XMR
XMR definitely has everything that's needed to be everyone's favorite altcoin. I guess, there's no need to mention the total anonymity of transactions in this private coin and its superior security. Monero has also been doing quite well on the...
Karennnn October 6, 2019 XMR
This is the place to park your money. The IRS along with every financial agency is going to try tax crypto like crazy. Once the market stabilizes, and the price stops moving so crazy I’ll put every cent i have into XMR. XMR is revolutionary because...
Pablo April 14, 2019 XMR
Monero is the one privacy coin to watch now that the other anon coins have mooned. XMR has been down for a long time, and all if its charts from weekly to daily show that it's gearing up for a big move in the green. Besides network upgrades and a...
Johan March 25, 2019 XMR
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