Monero Price Tops $138.31 on Top Exchanges (XMR)

Monero (XMR) traded 2.1% higher against the U.S. dollar during the one day period ending at 0:00 AM ET on March 27th. One Monero coin can currently be bought for approximately $138.31 or 0.00198987 BTC on popular cryptocurrency exchanges. Monero has a market cap of $2.55 billion and approximately $61.84 million worth of Monero was traded on exchanges in the last 24 hours. During the last seven days, Monero has traded down 1.5% against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded down 1.1% against the dollar and now trades at $69,504.60 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5.7% higher against the dollar and now trades at $0.20 or 0.00000283 BTC.
• Bitcoin Cash (BCH) traded up 8.8% against the dollar and now trades at $531.85 or 0.00765197 BTC.
• Litecoin (LTC) traded 1.4% lower against the dollar and now trades at $95.31 or 0.00137131 BTC.
• UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $6.06 or 0.00008724 BTC.
• Ethereum Classic (ETC) traded 0.6% lower against the dollar and now trades at $32.08 or 0.00046154 BTC.
• Arweave (AR) traded up 4.2% against the dollar and now trades at $43.23 or 0.00062192 BTC.
• Conflux (CFX) traded 2.8% lower against the dollar and now trades at $0.48 or 0.00000695 BTC.
• Bitcoin SV (BSV) traded down 1% against the dollar and now trades at $88.91 or 0.00127917 BTC.
• eCash (XEC) traded down 2.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Monero Profile

Monero (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 18,416,006 coins. 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. The official website for Monero is www.getmonero.org. Monero’s official Twitter account is @monero and its Facebook page is accessible 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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. 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