Monero One Day Volume Reaches $52.39 Million (XMR)

Monero (XMR) traded 2.7% higher against the US dollar during the 1 day period ending at 0:00 AM E.T. on April 19th. One Monero coin can now be bought for approximately $118.40 or 0.00185251 BTC on major exchanges. During the last week, Monero has traded 4.3% lower against the US dollar. Monero has a market cap of $2.18 billion and $52.39 million worth of Monero was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded up 2.6% against the dollar and now trades at $63,926.34 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 4.9% against the dollar and now trades at $0.16 or 0.00000243 BTC.
• Bitcoin Cash (BCH) traded up 1.6% against the dollar and now trades at $477.28 or 0.00746758 BTC.
• Litecoin (LTC) traded 3.4% higher against the dollar and now trades at $82.11 or 0.00128467 BTC.
• UNUS SED LEO (LEO) traded 0.5% lower against the dollar and now trades at $5.81 or 0.00009085 BTC.
• Ethereum Classic (ETC) traded up 3.3% against the dollar and now trades at $26.29 or 0.00041130 BTC.
• Arweave (AR) traded 14.4% higher against the dollar and now trades at $27.97 or 0.00043770 BTC.
• Bitcoin SV (BSV) traded up 1.8% against the dollar and now trades at $65.98 or 0.00103235 BTC.
• eCash (XEC) traded up 3.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Conflux (CFX) traded up 6.9% against the dollar and now trades at $0.24 or 0.00000373 BTC.

Monero Coin 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 18,425,916 coins. The official message board for Monero is forum.getmonero.org. Monero’s official website is www.getmonero.org. 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.

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 presently possible to purchase alternative cryptocurrencies such as Monero directly using US dollars. Investors seeking to trade Monero should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Monero using one of the aforementioned exchanges.

XMR/USD price chart by TradingView