Monero Price Reaches $319.31 (XMR)

Monero (XMR) traded up 1% against the U.S. dollar during the 24-hour period ending at 9:00 AM E.T. on June 9th. Monero has a market cap of $5.99 billion and approximately $112.03 million worth of Monero was traded on exchanges in the last day. In the last seven days, Monero has traded down 6.8% against the U.S. dollar. One Monero coin can now be purchased for $319.31 or 0.00513396 BTC on popular cryptocurrency exchanges.

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

• Arweave (AR) traded down 3.2% against the dollar and now trades at $1.90 or 0.00003061 BTC.
• Bitcoin (BTC) traded down 2% against the dollar and now trades at $62,196.04 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1% lower against the dollar and now trades at $0.0854 or 0.00000137 BTC.
• UNUS SED LEO (LEO) traded down 0.9% against the dollar and now trades at $9.43 or 0.00015159 BTC.
• Zcash (ZEC) traded 7.7% higher against the dollar and now trades at $467.99 or 0.00752441 BTC.
• Bitcoin Cash (BCH) traded down 1% against the dollar and now trades at $205.01 or 0.00329623 BTC.
• Litecoin (LTC) traded down 1.6% against the dollar and now trades at $42.47 or 0.00068286 BTC.
• Ethereum Classic (ETC) traded down 1.9% against the dollar and now trades at $7.01 or 0.00011272 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded down 1.4% against the dollar and now trades at $11.91 or 0.00019156 BTC.

Monero Coin Profile

XMR 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 18,762,712 coins. Monero’s official website is www.getmonero.org. Monero’s official Twitter account is @monero and its Facebook page is accessible here. The official message board for Monero 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)Telegram, Facebook, BitcoinTalk, GitHub, RedditWhitepaper”

Monero Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Monero directly using U.S. dollars. Investors seeking to acquire Monero should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Monero using one of the aforementioned exchanges.

XMR/USD price chart by TradingView