Monero Price Up 0.2% This Week (XMR)

Monero (XMR) traded down 0.3% against the U.S. dollar during the one day period ending at 10:00 AM ET on March 30th. Monero has a total market cap of $3.98 billion and $44.99 million worth of Monero was traded on exchanges in the last day. One Monero coin can now be purchased for approximately $215.73 or 0.00260734 BTC on cryptocurrency exchanges. During the last week, Monero has traded up 0.2% against the U.S. dollar.

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

• Arweave (AR) traded down 0.8% against the dollar and now trades at $6.47 or 0.00007826 BTC.
• Bitcoin (BTC) traded 0.4% higher against the dollar and now trades at $82,739.81 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.5% lower against the dollar and now trades at $0.17 or 0.00000205 BTC.
• UNUS SED LEO (LEO) traded 0.8% higher against the dollar and now trades at $9.67 or 0.00011684 BTC.
• Litecoin (LTC) traded down 1.1% against the dollar and now trades at $85.60 or 0.00103458 BTC.
• Bitcoin Cash (BCH) traded down 0.5% against the dollar and now trades at $305.54 or 0.00369282 BTC.
• Ethereum Classic (ETC) traded down 0.9% against the dollar and now trades at $16.67 or 0.00020153 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded down 1% against the dollar and now trades at $0.17 or 0.00000209 BTC.
• Bitcoin SV (BSV) traded 0.6% lower against the dollar and now trades at $32.06 or 0.00038751 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 18,446,744 coins. The official website for Monero is www.getmonero.org. Monero’s official Twitter account is @monero and its Facebook page is accessible here. 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.

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)”

Buying and Selling Monero

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 Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Monero using one of the aforementioned exchanges.

XMR/USD price chart by TradingView