Monero Trading 2.9% Higher Over Last 7 Days (XMR)

Monero (XMR) traded up 2.6% against the US dollar during the twenty-four hour period ending at 10:00 AM Eastern on March 22nd. Monero has a market capitalization of $3.97 billion and $55.18 million worth of Monero was traded on exchanges in the last day. One Monero coin can currently be bought for $215.11 or 0.00255534 BTC on popular exchanges. Over the last seven days, Monero has traded 2.9% higher against the US dollar.

Here is how other cryptocurrencies have performed over the last day:

• Arweave (AR) traded up 9% against the dollar and now trades at $7.17 or 0.00008517 BTC.
• Bitcoin (BTC) traded down 0.1% against the dollar and now trades at $84,144.26 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.9% higher against the dollar and now trades at $0.17 or 0.00000200 BTC.
• UNUS SED LEO (LEO) traded 0.5% lower against the dollar and now trades at $9.71 or 0.00011534 BTC.
• Litecoin (LTC) traded down 2.1% against the dollar and now trades at $91.09 or 0.00108206 BTC.
• Bitcoin Cash (BCH) traded down 2.2% against the dollar and now trades at $323.54 or 0.00384337 BTC.
• Ethereum Classic (ETC) traded 1.1% higher against the dollar and now trades at $17.82 or 0.00021172 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded 2.1% higher against the dollar and now trades at $0.18 or 0.00000216 BTC.
• Bitcoin SV (BSV) traded 0.3% lower against the dollar and now trades at $33.77 or 0.00040111 BTC.

Monero Profile

XMR is a proof-of-work (PoW) coin that uses the RandomX hashing algorithm. It was first traded on April 18th, 2014. Monero’s total supply is 18,446,744 coins. Monero’s official message board is forum.getmonero.org. Monero’s official Twitter account is @monero and its Facebook page is accessible here. The official website for Monero is www.getmonero.org. The Reddit community for Monero is https://reddit.com/r/monero and the currency’s Github account can be viewed here.

According to CryptoCompare, “Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain.Monero uses ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity.Monero is is private by default. Units of Monero cannot be blacklisted by vendors or exchanges due to their association in previous transactions.Blockchain data provided by: Blockchair (Main Source), LocalMonero (Backup), and WhatToMine (Block Time only)”

Monero Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Monero directly using U.S. dollars. Investors seeking to acquire Monero should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Monero using one of the aforementioned exchanges.

XMR/USD price chart by TradingView