Monero
MoneroRank: # 17
Market Cap: $ 7,198,446,498
Volume (24hrs): $ 137,416,231
Circulating Supply: 18,446,744 XMR
Price in BTC: Ƀ 0.00501376
Change (1 Hr): 0.66%
Change (7 Days): 10.98%
Change (30 Days): 20.14%
All Time High: $ 797.73
All Time High Date: January 14, 2026
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| Date | Open | Close | High | Low | Volume |
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| # | Source | Pair | Volume | Price | Change | Updated |
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- Aave asks Arbitrum to send 30K ETH from Kelp exploiter to ‘DeFi United’Cointelegraph.com News - 9 hours agoMore than $21 million in contributions has been made to the “DeFi United” relief effort so far, with another $215 million to be potentially allocated…
- 'Historical average' could push Bitcoin bottom at $57K level: AnalystCointelegraph.com News - 15 hours agoBitcoin was “rejected” from the $80,000 price level, which is its next resistance zone on the way to reclaiming the $100,000 psychological price level.The price…
- Strategy's Michael Saylor again hints at impending BTC purchaseCointelegraph.com News - 17 hours agoThe biggest Bitcoin treasury company’s data shows holdings are profitable, having gained about 3.3% amid Bitcoin’s rally to about $78,000.Michael Saylor, the co-founder of Strategy,…
- Litecoin gives post-attack update, but other devs doubt zero-day theoryCointelegraph.com News - 19 hours agoValid transactions that occurred during the affected blocks were not impacted and remain on the main chain, the Litecoin development team said.Litecoin, a layer-1 proof-of-work…
- XRP hints at 30% spike, Bitcoin ETFs post 9-day inflow streak: Hodler’s Digest, April 19 – 25Cointelegraph.com News - 21 hours agoUS spot Bitcoin ETFs have extended their inflow momentum through late April, XRP set for a 30% price spike: Hodler’s Digest
What is Monero?
Monero (launched 2014) is a privacy focused cryptocurrency which is based on Cryptonote technology. Privacy is built in its design by default for all the network participants. The development is currently led by Riccardo Spagni with a few other core protocol developers after splitting from the original Bitmonero project (forked from bytecoin) in 2014.
Monero has unbounded inflation, after emission of 18.132 million monero (May 2022), a constant tail emission of 0.6 XMR every 2 minutes will ck in resulting around 1% inflation per year. A permanent inflation keeps miners incentivized, thereby securing the network.
Monero enables untraceable and unlinkable transactions. It uses Ring signatures to protect sender identity, stealth address to protect recipient identity and Ring CT (Ring confidential transaction) to protect transaction amount. This is vastly different from Bitcoin where all transactions are visible to everyone and a sophisticated blockchain analysis can potentially reveal a user's identity. Monero is currently working on Kouri to integrate I2P (The invisible internet project) to protect users IP address as well.
In April 2018, Monero made an effort (successful so far) to become ASIC resistance, in order to prevent mining centralization. Monero's privacy feature makes a true fungible coin. It also supports the concept of 'view key'. Using a 'view key' a user can share transaction details with a third party or an auditor. No one can spend coins using 'view key'.
Governments are usually not greats fans of the anonymous cryptocurrency concept. Notably, the Japanese Financial Security Agency is already trying to ban such coins, as they worry that they can be used for illegal activities. However, Monero's community is strong and supportive and most probably a real market need for a privacy respecting coin will always be there. (eg. Monero is already a primary payment method for buying branded Tor onion domains).
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