Monero 24 Hour Volume Hits $69.80 Million (XMR)

Monero (XMR) traded up 0.2% against the dollar during the 24 hour period ending at 8:00 AM E.T. on March 21st. Monero has a market capitalization of $6.43 billion and $69.80 million worth of Monero was traded on exchanges in the last 24 hours. During the last seven days, Monero has traded 3.7% lower against the dollar. One Monero coin can currently be bought for about $348.73 or 0.00493250 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Arweave (AR) traded 1% higher against the dollar and now trades at $1.70 or 0.00002408 BTC.
• Bitcoin (BTC) traded up 0.5% against the dollar and now trades at $70,699.71 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.2% against the dollar and now trades at $0.0940 or 0.00000133 BTC.
• Bitcoin Cash (BCH) traded up 0.1% against the dollar and now trades at $467.80 or 0.00661673 BTC.
• UNUS SED LEO (LEO) traded up 0.2% against the dollar and now trades at $9.22 or 0.00013040 BTC.
• Litecoin (LTC) traded up 1% against the dollar and now trades at $55.96 or 0.00079149 BTC.
• Zcash (ZEC) traded up 1.3% against the dollar and now trades at $234.47 or 0.00331646 BTC.
• Ethereum Classic (ETC) traded 0.6% higher against the dollar and now trades at $8.41 or 0.00011893 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded 1.4% higher against the dollar and now trades at $0.0645 or 0.00000091 BTC.

Monero Profile

Monero (XMR) is a proof-of-work (PoW) coin that uses the RandomX hashing algorithm. It was first traded on April 18th, 2014. Monero’s total supply is 18,446,744 coins. Monero’s official website is www.getmonero.org. 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. Monero’s official Twitter account is @monero and its Facebook page is accessible here.

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)Telegram, Facebook, BitcoinTalk, GitHub, RedditWhitepaper”

Buying and Selling Monero

It is usually not presently 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 Gemini, GDAX or Coinbase. 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