Monero (XMR) 24 Hour Trading Volume Hits $49.03 Million

Monero (XMR) traded 2.2% lower against the US dollar during the twenty-four hour period ending at 21:00 PM Eastern on March 28th. During the last seven days, Monero has traded down 2.1% against the US dollar. Monero has a market capitalization of $2.50 billion and $49.03 million worth of Monero was traded on exchanges in the last day. One Monero coin can now be purchased for about $135.68 or 0.00191423 BTC on popular exchanges.

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

• Bitcoin (BTC) traded up 2.1% against the dollar and now trades at $70,886.94 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 9.3% higher against the dollar and now trades at $0.22 or 0.00000313 BTC.
• Bitcoin Cash (BCH) traded up 6.2% against the dollar and now trades at $570.32 or 0.00804629 BTC.
• Litecoin (LTC) traded 0.9% lower against the dollar and now trades at $94.50 or 0.00133328 BTC.
• UNUS SED LEO (LEO) traded down 0.4% against the dollar and now trades at $6.04 or 0.00008527 BTC.
• Ethereum Classic (ETC) traded 1.9% higher against the dollar and now trades at $32.54 or 0.00045914 BTC.
• Arweave (AR) traded down 3.6% against the dollar and now trades at $42.03 or 0.00059294 BTC.
• Conflux (CFX) traded 1% higher against the dollar and now trades at $0.49 or 0.00000684 BTC.
• Bitcoin SV (BSV) traded up 4.7% against the dollar and now trades at $94.35 or 0.00133114 BTC.
• eCash (XEC) traded 6.6% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Monero

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 18,416,378 coins. 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. Monero’s official Twitter account is @monero and its Facebook page is accessible 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 presently possible to buy alternative cryptocurrencies such as Monero directly using US dollars. Investors seeking to acquire Monero should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Monero using one of the exchanges listed above.

XMR/USD price chart by TradingView