Monero Market Capitalization Tops $3.02 Billion (XMR)

Monero (XMR) traded 2.1% higher against the U.S. dollar during the one day period ending at 22:00 PM E.T. on June 5th. During the last seven days, Monero has traded up 16.3% against the U.S. dollar. Monero has a total market capitalization of $3.02 billion and $63.78 million worth of Monero was traded on exchanges in the last day. One Monero coin can now be purchased for about $163.78 or 0.00230144 BTC on exchanges.

Here’s how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 0.3% against the dollar and now trades at $71,166.07 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.1% lower against the dollar and now trades at $0.16 or 0.00000229 BTC.
• Bitcoin Cash (BCH) traded 4.6% higher against the dollar and now trades at $500.48 or 0.00703295 BTC.
• Litecoin (LTC) traded 1.6% higher against the dollar and now trades at $84.97 or 0.00119404 BTC.
• UNUS SED LEO (LEO) traded 1.3% higher against the dollar and now trades at $6.03 or 0.00008477 BTC.
• Ethereum Classic (ETC) traded 0.5% higher against the dollar and now trades at $29.75 or 0.00041812 BTC.
• Arweave (AR) traded down 2.9% against the dollar and now trades at $43.72 or 0.00061437 BTC.
• Bitcoin SV (BSV) traded up 1.3% against the dollar and now trades at $63.83 or 0.00089699 BTC.
• eCash (XEC) traded 0.9% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Conflux (CFX) traded 2% lower against the dollar and now trades at $0.22 or 0.00000314 BTC.

Monero Coin Profile

Monero (XMR) is a proof-of-work (PoW) coin that uses the RandomX hashing algorithm. Its genesis date was April 18th, 2014. Monero’s total supply is 18,446,160 coins. Monero’s official Twitter account is @monero and its Facebook page is accessible here. Monero’s official website 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. Monero’s official message board is forum.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.”

Monero Coin Trading

It is usually not currently 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 Coinbase, Changelly or Gemini. 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