Monero One Day Volume Reaches $43.16 Million (XMR)

Monero (XMR) traded 0.7% lower against the US dollar during the 24-hour period ending at 9:00 AM ET on April 27th. During the last seven days, Monero has traded up 1.8% against the US dollar. One Monero coin can currently be bought for approximately $120.38 or 0.00190898 BTC on cryptocurrency exchanges. Monero has a total market capitalization of $2.22 billion and $43.16 million worth of Monero was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded down 1.2% against the dollar and now trades at $63,059.00 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.5% lower against the dollar and now trades at $0.15 or 0.00000231 BTC.
• Bitcoin Cash (BCH) traded 1% lower against the dollar and now trades at $472.60 or 0.00749453 BTC.
• Litecoin (LTC) traded down 3.2% against the dollar and now trades at $84.73 or 0.00134360 BTC.
• UNUS SED LEO (LEO) traded 1.5% lower against the dollar and now trades at $5.81 or 0.00009218 BTC.
• Ethereum Classic (ETC) traded up 0.8% against the dollar and now trades at $26.80 or 0.00042505 BTC.
• Arweave (AR) traded down 0.2% against the dollar and now trades at $32.11 or 0.00050925 BTC.
• Bitcoin SV (BSV) traded down 0.1% against the dollar and now trades at $65.23 or 0.00103442 BTC.
• eCash (XEC) traded 1.9% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Conflux (CFX) traded down 3.8% against the dollar and now trades at $0.23 or 0.00000372 BTC.

About Monero

Monero 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 18,429,124 coins. Monero’s official Twitter account is @monero and its Facebook page is accessible here. The official website for Monero is www.getmonero.org. 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 (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.”

Buying and Selling Monero

It is usually not presently possible to buy alternative cryptocurrencies such as Monero directly using U.S. dollars. Investors seeking to trade Monero should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. 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