Monero coin price & infoCheck Monero (XMR) up-to-date price information and discover similar coins to XMR based on volume or price.
Data last updated about 1 hour agoXMR All Time Low/High: €0.184652 (+68868%) / €454.53 (-72%)
Disclaimer: All xmr price data is sourced from a third-party site. While we try to always offer correct and up-to-date xmr price data, it can sometimes be wrong. So we suggest you pay attention to any abnormalities yourself and take all xmr price as well as xmr price change information brought out above with a grain of salt.
What is Monero?
Monero (XMR) is the top privacy-centric cryptocurrency based on the CryptoNote protocol, a secure, private and untraceable currency system. Monero uses a special kind of cryptography to ensure that all of its transactions are remain 100% unlinkable and untraceable. In an increasingly transparent world, you can see why someth...ing like Monero can become so desirable.
Origins of Monero
In July of 2012, Bytecoin, the first real life implementation of CryptoNote, was launched. While Bytecoin had promise, people noticed that 80% of the coins were already published. So, it was decided that the bytecoin blockchain will be forked and the new coins in the new chain will be called Bitmonero, which is was then renamed Monero, meaning “coin” in Esperanto language. In this new blockchain, a block will be mined and added every two minutes.
#1: Unlinkability - Your identity is completely private
You have complete control over your transactions. You are responsible for your money. Because your identity is private no one will be able to see what you are spending your money on. When you send funds to someone’s public address, what happens is that you actually send the funds to a randomly created brand new one-time destination address.
This means that the public record does not contain any mention that funds were received to the recipient’s public address. In Monero, your public address will never appear in the public record of transactions. Instead, a 'stealth address' is recorded in a way that only you, the recipient, can recognize the incoming funds.
Fungibility is interchangeability between one asset and another asset of the same type.
Suppose you borrowed $50 from your friend, you can even return the money in the form of 1 $50 bill or 5 $10 bill, It is still fine. This shows that the dollar has fungible properties. However, if you were to borrow someone’s car for the weekend and come back and give them some other car in return, then that person will probably punch on the face. Cars, in this example, are a nonfungible asset.
What is CryptoNote?
CryptoNote is the application layer protocol that fuels various decentralized currencies. While it is similar to the application layer which runs bitcoin in many aspects, there a lot of areas where the two differ from each other. CryptoNote features an entirely new code base and is not a fork of Bitcoin. More info about CryptoNote can be found at their website.
CryptoNote uses Ring Signatures to conceal sender identities via mixing and it also has unlinkable transactions that is achieved using 1-time keys for each individual payments. Ring signatures enable ‘transaction mixing’ to occur. Transaction mixing means that when funds are sent, the sender randomly chooses several other users’ funds to also appear in the transaction as a possible source of the funds being sent.
The cryptographical nature of the ring signature means that no one can tell which of the funds were really the source of the transaction – not even the person that gave the funds to the sender in the first place. A system of ‘key images’ associated with each ring signature ensures that although no one can tell the true source of the funds, it can be easily detected if the sender attempts to anonymously send their funds twice.
|Cryptocurrency: Monero||Symbol: XMR||Binance: Buy XMR now|
|Market Cap: 2147483647||Rank: 49||Volume: 141468000|
|You can buy XMR for||BCH, BNB, BRL, BTC, BUSD, DAI, EOS, ETH, EUR, QC, RUB, TUSD, UAH, USD, USDC, USDT, UST, XBT, XRP|
Monero (XMR) live price chart
Cryptos with similar price movements as XMR
|Symbol||Price||7d change||30d change||Volume|
How big was Monero coin volume within the last 24h?
Monero (XMR) last recorded volume was € 141468000.
How much has Monero coin price changed during the last week?
XMR price has changed during the last 7 days -28.3976 %.
How much has Monero price changed during the 30 days?
XMR price has changed during the last 30 days -35.0125 %.
How much has Monero price changed during one year?
XMR price has changed during the last year 12.336 %.
Is XMR coin close to its All Time High price?
XMR all time high price (ath) is €454.53. Its current price is €127.35. This means that the difference between Monero (XMR) All Time High price and XMR current price is -72%.
What is the maximum price Monero (XMR) can reach?
XMR has a current circulating supply of 18,069,295. Based on our calculation XMR could reach up to €33828.7 before it would have to overtake Bitcoin. So in theory the potential for growth is 266x its current value (€127.35). However, keep in mind that this is just a logical maximum potential price calculation for Monero and in no way is it a prediction of any kind.
Where can you trade Monero?
Monero is currently listed on at least these crypto exchanges: Bitfinex, Bitcoin.com Exchange, HitBTC, Binance, ZB, VCC Exchange, Kraken, Poloniex, Digifinex, Huobi Global, WhiteBIT, OKEx, B2BX, Bitrue, Gate.io and possibly some others.