Monero (XMR) Trading 2.4% Lower Over Last 7 Days

Monero (XMR) traded down 2% against the US dollar during the twenty-four hour period ending at 17:00 PM ET on June 17th. One Monero coin can currently be bought for $173.62 or 0.00260535 BTC on exchanges. Monero has a market cap of $3.20 billion and approximately $63.10 million worth of Monero was traded on exchanges in the last day. Over the last seven days, Monero has traded down 2.4% against the US dollar.

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

  • Bitcoin (BTC) traded 0.2% higher against the dollar and now trades at $66,641.38 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded down 4.2% against the dollar and now trades at $0.13 or 0.00000195 BTC.
  • Bitcoin Cash (BCH) traded down 0.8% against the dollar and now trades at $423.41 or 0.00635358 BTC.
  • Litecoin (LTC) traded 2.1% lower against the dollar and now trades at $77.06 or 0.00115639 BTC.
  • UNUS SED LEO (LEO) traded 2.7% lower against the dollar and now trades at $5.72 or 0.00008580 BTC.
  • Ethereum Classic (ETC) traded 4.7% lower against the dollar and now trades at $24.22 or 0.00036350 BTC.
  • Arweave (AR) traded down 5.3% against the dollar and now trades at $26.96 or 0.00040449 BTC.
  • Bitcoin SV (BSV) traded down 2.6% against the dollar and now trades at $48.03 or 0.00072068 BTC.
  • NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
  • Conflux (CFX) traded 4.9% lower against the dollar and now trades at $0.18 or 0.00000272 BTC.

Monero Profile

Monero (XMR) is a proof-of-work (PoW) coin that uses the RandomX hashing algorithm. Its launch date was 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. The official website for Monero is www.getmonero.org. 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.

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.”

Monero Coin Trading

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

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