Monero (XMR) 24 Hour Trading Volume Hits $63.62 Million

Monero (XMR) traded down 2% against the US dollar during the 1-day period ending at 16:00 PM E.T. on September 29th. Monero has a total market capitalization of $2.86 billion and approximately $63.62 million worth of Monero was traded on exchanges in the last day. Over the last week, Monero has traded 12.3% lower against the US dollar. One Monero coin can currently be bought for about $155.05 or 0.00235197 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 0.2% higher against the dollar and now trades at $65,922.95 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.1% lower against the dollar and now trades at $0.13 or 0.00000193 BTC.
• Bitcoin Cash (BCH) traded 0.1% higher against the dollar and now trades at $352.77 or 0.00535117 BTC.
• UNUS SED LEO (LEO) traded 1.6% higher against the dollar and now trades at $5.92 or 0.00008975 BTC.
• Litecoin (LTC) traded up 0.3% against the dollar and now trades at $70.10 or 0.00106337 BTC.
• Ethereum Classic (ETC) traded down 0.7% against the dollar and now trades at $20.61 or 0.00031269 BTC.
• Arweave (AR) traded up 6.5% against the dollar and now trades at $23.78 or 0.00036080 BTC.
• Bitcoin SV (BSV) traded down 0.8% against the dollar and now trades at $51.89 or 0.00078720 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Nervos Network (CKB) traded down 3.2% against the dollar and now trades at $0.0179 or 0.00000027 BTC.

Monero Coin Profile

Monero (XMR) is a proof-of-work (PoW) coin that uses the RandomX hashing algorithm. Its launch 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 message board for Monero is forum.getmonero.org. The official website for Monero is www.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 purchase alternative cryptocurrencies such as Monero directly using US dollars. Investors seeking to acquire Monero should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Monero using one of the aforementioned exchanges.

XMR/USD price chart by TradingView