The live Monero (XMR) price is $152.11, with a 24 hours CoinTide trading volume of 33.49K. The price of XMR changed by +4.14% in the past 24 hours. With a circulating supply of 18,446,744 XMR and a maximum supply of 18,446,744 XMR coins. Monero currently ranks #38 in market cap. You have the option to purchase Monero (XMR) on the CoinTide exchange.
(XMR) Monero Live Price Data
Market | Price | 24h % | 24h High | 24h Low | 24h Volume | |
---|---|---|---|---|---|---|
XMR /USDT | $152.1083 | +4.14% | 154.964 | 145.1201 | 33943.466 | Trade |
About Monero (XMR)
Monero (XMR) is a privacy-focused cryptocurrency that ensures transactions are untraceable and confidential. Launched in 2014, Monero uses advanced cryptographic techniques to obfuscate transaction details, providing users with enhanced privacy. Buying XMR on CryptoExchange is straightforward. Sign up, verify your identity, deposit funds, and start trading. Check out our guide on How to Buy Monero (XMR).
What is Monero (XMR)?
Monero (XMR) is a decentralized cryptocurrency that focuses on privacy and security. Unlike Bitcoin, Monero uses ring signatures, stealth addresses, and RingCT (Ring Confidential Transactions) to conceal transaction details, ensuring that sender, recipient, and transaction amount are all private. This makes Monero a preferred choice for users seeking anonymity in their financial transactions.
Who Created Monero?
Monero (XMR) was launched in April 2014 by a developer known by the pseudonym "thankful_for_today" based on the CryptoNote protocol. The project was later taken over by a group of developers, including Riccardo Spagni (Fluffypony), who has been one of the most prominent figures in the Monero community. Monero's development is community-driven and open-source, ensuring continuous improvement and decentralization.
History of Monero
The history of Monero (XMR) began in April 2014 as a fork of Bytecoin, another privacy-focused cryptocurrency. Initially called BitMonero, the name was soon shortened to Monero, which means "coin" in Esperanto. Over the years, Monero has undergone several significant updates to enhance its privacy features, security, and performance, solidifying its position as a leading privacy coin in the cryptocurrency market.
Monero Blockchain Technology
Monero (XMR) operates on a blockchain that prioritizes privacy and anonymity. It uses a proof-of-work consensus mechanism and employs technologies like ring signatures, stealth addresses, and RingCT to conceal transaction details. These features ensure that all transactions on the Monero blockchain are private, fungible, and resistant to censorship and tracking, providing a high level of financial privacy.
Monero Tokenomics
The tokenomics of Monero (XMR) are designed to ensure a fair and sustainable distribution. Monero has a tail emission that continues to reward miners indefinitely with a small amount of new XMR, ensuring continuous network security and preventing total supply from being exhausted. This gradual and predictable issuance model supports long-term network health and decentralization.
Monero Total and Circulating Supply
Monero (XMR) has a current circulating supply of over 18 million coins, with no maximum supply cap due to its tail emission feature. This means that while new Monero will continue to be created indefinitely, the rate of creation is low enough to prevent significant inflation. This unique supply model supports ongoing network security and stability while providing incentives for miners.
Monero Highlights
Monero (XMR) stands out for its focus on privacy, anonymity, and security in the cryptocurrency space. Utilizing advanced cryptographic techniques, Monero ensures that transactions are untraceable and confidential. With its continuous development and active community, Monero remains a top choice for users seeking a secure and private digital currency for their financial transactions.
XMR to local currency
- 1 XMR to USD149.316
- 1 XMR to EUR135.966
- 1 XMR to AUD219.710
- 1 XMR to KRW201,112.494
- 1 XMR to JPY22,217.651
- 1 XMR to GBP113.770
- 1 XMR to INR12,546.887
- 1 XMR to CAD202.879
- 1 XMR to RUB14,175.260
- 1 XMR to AMD57,486.284
XMR to crypto currency
- 1 XMR to BTC0.0024055687
- 1 XMR to ETH0.0617381960
- 1 XMR to USDT149.313
- 1 XMR to CNT0.000
- 1 XMR to BNB0.269
- 1 XMR to SOL1.044
- 1 XMR to XRP280.499
- 1 XMR to ADA422.427
- 1 XMR to TRX958.018
- 1 XMR to LTC2.285