Monero (XMR) Tops One Day Volume of $61.26 Million

Monero (XMR) traded down 0.2% against the U.S. dollar during the 24-hour period ending at 23:00 PM ET on September 16th. During the last seven days, Monero has traded up 0.1% against the U.S. dollar. Monero has a market capitalization of $3.15 billion and approximately $61.26 million worth of Monero was traded on exchanges in the last day. One Monero coin can currently be bought for about $170.75 or 0.00293836 BTC on popular exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 0.6% against the dollar and now trades at $58,111.31 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.4% lower against the dollar and now trades at $0.0998 or 0.00000172 BTC.
• Bitcoin Cash (BCH) traded 0.1% lower against the dollar and now trades at $312.98 or 0.00538586 BTC.
• UNUS SED LEO (LEO) traded 3% lower against the dollar and now trades at $5.69 or 0.00009789 BTC.
• Litecoin (LTC) traded 0.5% higher against the dollar and now trades at $63.10 or 0.00108578 BTC.
• Ethereum Classic (ETC) traded up 0.7% against the dollar and now trades at $17.83 or 0.00030675 BTC.
• Arweave (AR) traded up 1% against the dollar and now trades at $19.05 or 0.00032775 BTC.
• Bitcoin SV (BSV) traded 1.2% higher against the dollar and now trades at $46.42 or 0.00079880 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Nervos Network (CKB) traded 4.9% lower against the dollar and now trades at $0.0155 or 0.00000027 BTC.

Monero Profile

Monero (CRYPTO: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. Monero’s official message board is forum.getmonero.org. Monero’s official Twitter account is @monero and its Facebook page is accessible here. The official website for Monero 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 (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.”

Monero Coin Trading

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