Monero (XMR) Trading 12.5% Higher Over Last Week

Monero (XMR) traded 11.7% lower against the U.S. dollar during the 24 hour period ending at 9:00 AM ET on June 13th. During the last seven days, Monero has traded up 12.5% against the U.S. dollar. One Monero coin can now be purchased for about $336.37 or 0.00524673 BTC on popular exchanges. Monero has a market capitalization of $6.31 billion and $155.89 million worth of Monero was traded on exchanges in the last day.

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

• Arweave (AR) traded up 6.7% against the dollar and now trades at $2.03 or 0.00003164 BTC.
• Bitcoin (BTC) traded 1.2% higher against the dollar and now trades at $64,111.30 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.7% against the dollar and now trades at $0.0884 or 0.00000138 BTC.
• UNUS SED LEO (LEO) traded 0.8% higher against the dollar and now trades at $9.59 or 0.00014954 BTC.
• Zcash (ZEC) traded 4.1% lower against the dollar and now trades at $416.64 or 0.00649877 BTC.
• Bitcoin Cash (BCH) traded up 1.8% against the dollar and now trades at $208.09 or 0.00324572 BTC.
• Litecoin (LTC) traded 2.2% higher against the dollar and now trades at $43.92 or 0.00068501 BTC.
• Ethereum Classic (ETC) traded 0.6% lower against the dollar and now trades at $7.19 or 0.00011217 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded up 1% against the dollar and now trades at $11.86 or 0.00018502 BTC.

About Monero

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 18,764,414 coins. The official message board for Monero 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)Telegram, Facebook, BitcoinTalk, GitHub, RedditWhitepaper”

Monero Coin Trading

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

XMR/USD price chart by TradingView