Monero (XMR) Reaches One Day Volume of $66.48 Million

Monero (XMR) traded 0.1% lower against the US dollar during the 24 hour period ending at 9:00 AM ET on February 17th. Monero has a market cap of $6.06 billion and approximately $66.48 million worth of Monero was traded on exchanges in the last 24 hours. One Monero coin can currently be bought for about $328.40 or 0.00481986 BTC on major exchanges. Over the last seven days, Monero has traded 0.5% higher against the US dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Arweave (AR) traded 0.5% higher against the dollar and now trades at $2.02 or 0.00002967 BTC.
• Bitcoin (BTC) traded down 0.4% against the dollar and now trades at $68,134.73 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.3% lower against the dollar and now trades at $0.10 or 0.00000147 BTC.
• Bitcoin Cash (BCH) traded 0.6% higher against the dollar and now trades at $562.62 or 0.00825742 BTC.
• UNUS SED LEO (LEO) traded 2.5% higher against the dollar and now trades at $8.69 or 0.00012749 BTC.
• Zcash (ZEC) traded down 1.4% against the dollar and now trades at $290.49 or 0.00426344 BTC.
• Litecoin (LTC) traded up 1.6% against the dollar and now trades at $54.79 or 0.00080407 BTC.
• Ethereum Classic (ETC) traded down 0.7% against the dollar and now trades at $8.70 or 0.00012763 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 $16.80 or 0.00024655 BTC.

Monero Profile

Monero (CRYPTO: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 18,446,744 coins. Monero’s official Twitter account is @monero and its Facebook page is accessible here. 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. The official message board for Monero is forum.getmonero.org.

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 U.S. dollars. Investors seeking to acquire Monero should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini 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