Monero (XMR) Price Down 3.1% Over Last 7 Days

Monero (XMR) traded 0.5% higher against the US dollar during the twenty-four hour period ending at 17:00 PM Eastern on June 26th. Monero has a total market capitalization of $3.04 billion and approximately $38.71 million worth of Monero was traded on exchanges in the last day. One Monero coin can currently be purchased for about $164.56 or 0.00270478 BTC on popular exchanges. During the last week, Monero has traded down 3.1% against the US dollar.

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

• Bitcoin (BTC) traded down 1.6% against the dollar and now trades at $60,841.93 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.1% against the dollar and now trades at $0.12 or 0.00000203 BTC.
• Bitcoin Cash (BCH) traded 3.4% lower against the dollar and now trades at $377.53 or 0.00620517 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $5.76 or 0.00009461 BTC.
• Litecoin (LTC) traded down 0.5% against the dollar and now trades at $71.26 or 0.00117126 BTC.
• Ethereum Classic (ETC) traded up 0.8% against the dollar and now trades at $23.73 or 0.00039002 BTC.
• Arweave (AR) traded down 10.7% against the dollar and now trades at $26.35 or 0.00043311 BTC.
• Bitcoin SV (BSV) traded down 1.8% against the dollar and now trades at $44.87 or 0.00073743 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded 2% lower against the dollar and now trades at $0.16 or 0.00000257 BTC.

About Monero

Monero is a proof-of-work (PoW) coin that uses the RandomX hashing algorithm. It launched on 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. 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. The official message board for Monero 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 possible to purchase alternative cryptocurrencies such as Monero directly using US dollars. Investors seeking to trade Monero should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Monero using one of the exchanges listed above.

XMR/USD price chart by TradingView