Monero (XMR) Trading 12.5% Higher Over Last Week

Monero (XMR) traded down 11.7% against the US dollar during the 1 day period ending at 9:00 AM E.T. on June 13th. Monero has a total market capitalization of $6.31 billion and approximately $155.89 million worth of Monero was traded on exchanges in the last day. In the last week, Monero has traded up 12.5% against the US dollar. One Monero coin can now be bought for approximately $336.37 or 0.00524673 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Arweave (AR) traded 6.7% higher against the dollar and now trades at $2.03 or 0.00003164 BTC.
• Bitcoin (BTC) traded up 1.2% against the dollar and now trades at $64,111.30 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.7% against the dollar and now trades at $0.0884 or 0.00000138 BTC.
• UNUS SED LEO (LEO) traded 0.8% higher against the dollar and now trades at $9.59 or 0.00014954 BTC.
• Zcash (ZEC) traded 4.1% lower against the dollar and now trades at $416.64 or 0.00649877 BTC.
• Bitcoin Cash (BCH) traded up 1.8% against the dollar and now trades at $208.09 or 0.00324572 BTC.
• Litecoin (LTC) traded up 2.2% against the dollar and now trades at $43.92 or 0.00068501 BTC.
• Ethereum Classic (ETC) traded down 0.6% against the dollar and now trades at $7.19 or 0.00011217 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded up 1% against the dollar and now trades at $11.86 or 0.00018502 BTC.

Monero Profile

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 18,764,414 coins. The official message board for Monero is forum.getmonero.org. 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.

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)Telegram, Facebook, BitcoinTalk, GitHub, RedditWhitepaper”

Monero Coin Trading

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