Monero Price Up 9.2% Over Last Week (XMR)

Monero (XMR) traded 0.1% higher against the US dollar during the 24 hour period ending at 9:00 AM E.T. on February 13th. In the last week, Monero has traded up 9.2% against the US dollar. Monero has a total market capitalization of $6.30 billion and $70.37 million worth of Monero was traded on exchanges in the last day. One Monero coin can currently be bought for $341.38 or 0.00507300 BTC on exchanges.

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

• Arweave (AR) traded up 0.5% against the dollar and now trades at $1.88 or 0.00002800 BTC.
• Bitcoin (BTC) traded 0.7% lower against the dollar and now trades at $67,292.68 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.6% lower against the dollar and now trades at $0.0936 or 0.00000139 BTC.
• Bitcoin Cash (BCH) traded up 3.1% against the dollar and now trades at $530.34 or 0.00788116 BTC.
• UNUS SED LEO (LEO) traded down 2.3% against the dollar and now trades at $8.28 or 0.00012310 BTC.
• Litecoin (LTC) traded up 0.8% against the dollar and now trades at $53.43 or 0.00079400 BTC.
• Zcash (ZEC) traded down 1% against the dollar and now trades at $235.62 or 0.00350136 BTC.
• Ethereum Classic (ETC) traded 0.2% lower against the dollar and now trades at $8.29 or 0.00012321 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded up 16.7% against the dollar and now trades at $16.95 or 0.00025183 BTC.

Monero Coin Profile

Monero (XMR) is a proof-of-work (PoW) coin that uses the RandomX hashing algorithm. Its launch date was April 18th, 2014. Monero’s total supply is 18,446,744 coins. The Reddit community for Monero is https://reddit.com/r/monero and the currency’s Github account can be viewed here. 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 official website for Monero is www.getmonero.org.

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 possible to purchase alternative cryptocurrencies such as Monero directly using US dollars. Investors seeking to acquire Monero should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Monero using one of the exchanges listed above.

XMR/USD price chart by TradingView