Monero (XMR) Price Tops $167.65 on Exchanges

Monero (XMR) traded 4.3% lower against the dollar during the 1 day period ending at 12:00 PM Eastern on June 18th. In the last seven days, Monero has traded down 3.1% against the dollar. Monero has a market capitalization of $3.09 billion and approximately $65.34 million worth of Monero was traded on exchanges in the last day. One Monero coin can currently be bought for about $167.65 or 0.00259583 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

  • Bitcoin (BTC) traded down 1.4% against the dollar and now trades at $64,509.76 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded down 7.7% against the dollar and now trades at $0.12 or 0.00000185 BTC.
  • Bitcoin Cash (BCH) traded down 7.9% against the dollar and now trades at $381.87 or 0.00591269 BTC.
  • Litecoin (LTC) traded down 5.9% against the dollar and now trades at $71.88 or 0.00111302 BTC.
  • UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $5.67 or 0.00008782 BTC.
  • Ethereum Classic (ETC) traded down 4.8% against the dollar and now trades at $22.87 or 0.00035407 BTC.
  • Arweave (AR) traded 5.4% lower against the dollar and now trades at $25.06 or 0.00038795 BTC.
  • Bitcoin SV (BSV) traded down 11.6% against the dollar and now trades at $42.29 or 0.00065482 BTC.
  • NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
  • eCash (XEC) traded down 7.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Monero Profile

Monero (CRYPTO: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 Twitter account is @monero and its Facebook page is accessible here. Monero’s official message board is forum.getmonero.org. The Reddit community for Monero is https://reddit.com/r/monero and the currency’s Github account can be viewed here. Monero’s official website is www.getmonero.org.

According to CryptoCompare, “Monero (XMR) is a decentralized cryptocurrency created in April 2014 by a group of developers led by the pseudonymous developer “thankful_for_today”. It utilizes a combination of ring signatures, ring confidential transactions and stealth addresses to protect sender and receiver privacy, and employs a proof-of-work consensus algorithm to ensure the security of the network. XMR is used as a medium of exchange between individuals and organizations, allowing for fast and secure money transfers over the internet, and can be exchanged for other cryptocurrencies and fiat currencies. It is listed on a variety of cryptocurrency exchanges and is accepted by many merchants and services.”

Buying and Selling Monero

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, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Monero using one of the aforementioned exchanges.

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